Suppose you are considering the purchase of a new Tundra truck for $$45,000.$ You are required to put $$5,000$ down and need to finance $$40,000.$ It can be financed over five years. Calculate the monthly interest rates $($yield$)$ if the monthly payments are $$700\mathrm{.}00.$

$16\mathrm{.}1\%$

$1\mathrm{.}94\%$

$0\mathrm{.}161\%$

$1\mathrm{.}65\%$