Chapter 6 Recently, Candice Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was either $28,700 cash or $7,800 at the end of each of 5 years. Compute the effective-interest rate to the nearest percent that Candice would pay if she chooses to make the five annual payments. (Round answer to 0 decimal places, e.g. 79%.) on 16 Click here to view factor tables 67(Part Level Interest rate Open Show Work 0ract n Click if you would like to Show Work for this