I-recl. tne accountant mr an: Lempany target ta pay a cremt carcl payment that was clue in the ameunt pf $5T5. He nptlcecl it exa ctly 1 menth later when he was malclng the menthly payment. The late fee charged as $3 5. If you ccmslcler the $35 late fee a charge fcrr the month ef Interest cm the $5T51 what APR cllcl the campany pay because at Fred's mistake? Use menthly ccrmpc-uncllng and carry yeur answer twe cleclmal paints. {15.25% waulcl