Mr. Gilbert intends to contribute $2.799.2 at the beginning of each quarter year to an RRSP. What rate of return must his RRSP earn to each $533.000 after 22 years? Assume that the interest rate also compounds quarterly.
Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56% Rate of return = __ %