If Moro borrows $$500$ from Dare $-$ to $-$ borrow $-$ from $-$ us Loan Company and pays $$600$ on the fourth day using the money for

four days, what APR os Moto paying and what is the effective rate of interest per year? Assume the company compounds money

on a daily basis. I need this answered in Excel, step bystep, with formulas, screenshots would be very helpful.