4. Mr. Lytle applied for a loan to have his kitchen restored after his coffee machine blew up. The contractors hired cost a$13,700. Mr. Lytle had $7,000 to pay towards the restoration but had to receive a loan for the remaining amount. Mr. Lytle paid it off in four years with payments of $175 made at the end of each month. What was the annual rate of interest if the interest was compounded quarterly? N 1% PV PMT FV PY CY PMT: END BEGIN Value