Show Attempt History Current Attempt in Progress X Your answer is incorrect. Recently, Maria 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 Maria would pay if she chooses to make the five annual payments. (Round answer to O decimal places, e.g. 7%.) Click here to view factor tables Interest rate 9 % e Textbook and Media