A printer for your computer costs $225 at a local store. You may either pay cash for it or pay $50 now and $17.06 a month for 12 months beginning 30 days from now. If you choose the time payment plan,what nominal annual interest rate will you be charged?

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A printer for your computer costs $225 at a local store. You may either pay cash for it or pay $50 now and $17.06 a month for 12 months beginning 30 days from now. If you choose the time payment plan,what nominal annual interest rate will you be charged?

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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honestly I have no clue XD but maybe someone else can help

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