A financial salesperson offers you the following deal: if you invest $10,000 today, they will...

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Finance

A financial salesperson offers you the following deal: if you invest $10,000 today, they will return $12,000 to you in exactly two-and-a-half years. What they don't tell you, of course, is the rate of return you will earn. Now that you are one week into F370, however, you can figure that out. What is the rate of return on the transaction? [Show your answer as a percentage rounded to two places; for example, you would enter 0.1234 as 12.34%]
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