A loan of $3.000 for a new, high-end laptop computer is to be repaid in 15 end-of-month payments (starting one month from now). The monthly payments are determined as follows Loan principal $3.000 Interest for 15 months at 1.5% per month 675.00 Loan application fee 149.25 Total $3.824.25 Monthly payment = $3.824.25/15 = 5254.95 What nominal and effective interest rates per year are actually being paid? Hint: Draw a cash-flow diagram from the perspective of the lender Choose the correct cash-flow diagram from the perspective of lender below. . . Q $3,000 -$254.95 $254.95 Q A 0 0 1 2 3 15 16 1 2 2 15 16 $3,000 . D. $3,000 $254.95 $254.95. 0 1 2 3 14 15 1 2 3 14 15 $3.000 The nominal interest rate is % per year. (Round to one decimal place.)