17. 18. 19.. 20. 21. 22. 23. 24. Southwestern Bank offers to lend you $50,000 at a nominal rate of 7.1%, compounded monthly. The loan (principal plus lend you the $50,000, but it will charge an annual rate of 8.9%, with no interest due until the end of the year. How much rate charged by Southwestern? O Select the correct answer. a. 1.46% @ O b. 1.76% O c. 1.36% O d. 1.66% O e. 1.56% Assignment/takeAssignmentMain.do?take AssignmentSession Locator assignment-take,fd98440c-2470-4fa3-9827-9fc9888da9e3# 2 Icon Key FREE Veeze Typ....mp3 ^ #3 80 $ 4 000 000 45 % 5 MacBook Pro A 6 & 88 7 8 C