A businessman wants to buy a truck. The dealer offers to sell the truck for either

$ $120$ comma $000$$$120,000$

$$now$,$ or

sixsix

yearly payments of

$ $25$ comma $000$$$25,000.$

Which of the following is closest to the interest rate being offered by the$$ dealer?

Question content area bottom

Part $1$

A$.$

$9\mathrm{.}89\mathrm{.}8\%$

B$.$

$6\mathrm{.}86\mathrm{.}8\%$

C$.$

$5\mathrm{.}85\mathrm{.}8\%$

D$.$

$7\mathrm{.}87\mathrm{.}8\%$