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Chadron Loans is offering a special on one-year loans. The company will loan you $1,650 today with no waiting and no credit check, in exchange

Chadron Loans is offering a special on one-year loans. The company will loan you $1,650 today with no waiting and no credit check, in exchange for one payment of $2,000 one year from now. What is the APR on this loan?

A. 33.33 percent

B. 21.21 percent

C. 17.93 percent

D. 30.63 percent

E. 25.63 percent

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