Baruch College CUNYFist Login Porta 5, concept review for chapter 1 and 2 Astore will give you a 250% discount on the cost ofyour purchase if you pay cash today. Otherwise, you will be billed the full price with payment due in 1 month. What is the implicit borrowing rate being paid by customers who choose to defer payment for the month? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) annual rate