1.The store where you bought new home furnishings offers you two alternative payment plans. The first plan requires a $4,000 immediate up-front payment. The second plan requires you to make monthly payments of $135.00, payable at the end of each month for 3 years. What nominal annual interest rate is built into the monthly payment plan? a. 13.12% b. 12.96% c. 14.36% d. 13.64% e. 10.49%