Ryo and Tallie are shopping for furniture. They just selected a living room set that costs $7,584.00 (including tax and delivery fees). The furniture store has offered to accept payments of $205.00 per month for the next 48 months (with the first payment due exactly one month from today). What is the nominal annual rate of Interest (.e., the p.a. rate) that the furniture store is charging Ryo and Tallie (expressed as a percent and rounded to 2 decimal places)? 1) 11.53% 2) 13,41% 3) 14.12% 4) 9.48% 5) 10.84%