A couple needs money for their dream house but has been rejected by their local bank. They reach out to the neighborhood Godfather for a "special" loan The Godfather offers them $300,000.00 today, but will require $1,000.00 per month on the loan forever. What is the interest rate or the IRR offered by the Godfather? (express as an APR) Submit Answer format: Percentage Round to 2 decimal places (Example: 9.24%, % sign required Will accept decimal format rounded to 4 decimal places (ex 0.0924))