A car loan is taken for $$16,000$ to be paid back in $7$ years, with monthly payments of

$$426.$ What nominal annual interest rate is being charged in this loan?

$2\mathrm{.}23\%$

$29\mathrm{.}17\%$

$2\mathrm{.}25\%$

$27\mathrm{.}00\%$