Note: This question will be graded manually since eClass does not have the capability of doing it. Therefore, please do not take into account whether the computer indicates a correct or incorrect answer. The "Fly By Night" Used Car Lot uses the following to illustrate their 9.8% finance plan on a car paid over 3 years. Cost of the car: $14200 9.8% finance charge: $4174.8 Total cost: $18374.8 (that is, 9.8%/year x $14200 x 3 years) $18374.8 Monthly payment: : $510.41. 36 The first payment must be made one month after purchase. On the other hand, if you pay cash the dealer will offer you a discount of 5% of the cost of the car. What is the true interest rate compounded monthly being charged