You just obtained a car loan for $$10,000$ that has monthly $($end of the month$)$

payments of $$361\mathrm{.}33.$ This is an four year installment loan. What is the effective

annual interest rate $($EAR$)$ of this loan?

$19\mathrm{.}56\%$

$3\mathrm{.}25\%$

$3\mathrm{.}00\%$

$42\mathrm{.}58\%$

$1\mathrm{.}50\%$

$34\mathrm{.}80\%$

$49\mathrm{.}19\%$

$50\mathrm{.}76\%$

$46\mathrm{.}78\%$