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Your financial planner offers you two different Investment plans. Plan X is a perpetulty with annual payments of $28,000. Plan Y is an annulty with

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Your financial planner offers you two different Investment plans. Plan X is a perpetulty with annual payments of $28,000. Plan Y is an annulty with 13 annual payments of $35,000. Both plans will make their first payment one year from today. At what discount rate would you be Indifferent between these two plans? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Discount rate 0 %

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