You are considering either leasing or purchasing a car. You notice an ad that says you can lease the car you want for $818.00 per month. The lease term is 36 months with the first payment due at inception of the lease. You must also make an additional down payment of $790. The ad also says that the residual value of the vehicle is $26,848. The list price of the vehicle is $43,273, but after much research, you have concluded that you could buy the car for a total "drive-out" price of $39,700. What is the quoted annual interest rate you are actually paying with the lease