A Car Dealer Carries Out the Following Calculations $18.0 \%$ B) $57.0 \%$

A car dealer carries out the following calculations. What is the annual percentage rate? Round your answer to the nearest tenth of a percent.

A) $18.0 \%$
B) $57.0 \%$
C) $11.8 \%$
D) $7.9 \%$
E) $15.7 \%$