South Penn Trucking is financing a new truck with a loan of $$10,000$ to be repaid in $5$ annual end$-$of$-$year installments of $$2,504\mathrm{.}56.$ What annual interest rate is the company paying?

a$.7\%$

b$.8\%$

c$.9\%$

d$.10\%$

e$.11\%$