Note: This question will be graded manually since Moodle 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 8.1% finance plan on a car paid over 5 years. Cost of the car: 8.1% finance charge: Total cost: $11700 $4738.5 $16438.5 (that is, 8.1%/year x S11700 X 5 years) Monthly payment: = $273.98. The first payment must be made on the date of purchase. What is the true interest rate compounded monthly being charged