Connecticut Advanced Technologies (CAT) is planning to get a 30-day, $150,000, simple interest loan from its bank. The quoted interest rate on the loan is 10 percent.

(plz send me answer fast with all the work)

2. calculate the (APR) assuming the lone has no compensating balance requirement?

a) 9.98%%

b) 10.45%

c)11.55%

d)11.86%

e)12.53%