Friendlys Quick Loans, Incorporated, offers you $6.25 today but you must repay $8.35 when you get your paycheck in one week (or else). What is the effective annual return Friendlys earns on this lending business? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. If you were brave enough to ask, what APR would Friendlys say you were paying