You intend to lease a $32,700 car. The lease term is four years and the value of the car at the end of the lease is expected to be $25,200. If the monthly lease payment is $280.16, what is the annual lease financing rate?

Question options:

A) 4.8%

B) 4.6%

C) 5.1%

D) 5.7%

E) 5.4%