A local Finance company quotes a "12" interest rate on onie-year kuans (don't believe it). So, if you borrow $100,000, the interest for the year will be 512,000. e you rurat repay total of $112,000 in one year, the finance company requires you to pay 1112,000/12, or $933333, per montl: over the next 12 months. What is the trike APR that should have been gpoted on this loan? 1979% 19.533 100.000 Pr -033333 PMT