Question: Please help answer the below. Round to two decimal places Your folks just called and would like some advice from you. An insurance agent just

Please help answer the below. Round to two decimal places

Please help answer the below. Round to two decimal places Your folks

Your folks just called and would like some advice from you. An insurance agent just called them and offered them the opportunity to purchase an annuity for exist44, 236.09 that will pay them exist3, 500 per year for 25 years. They don't have the slightest idea what return they would be making on their investment of exist44, 236.09. What rate of return would they be earning? The annual rate of return your folks would be earning on their investment is %. (Round to two decimal places.)

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