Jed wants to borrow $1.000 from you. He is proposing to repay you with three annual payments of $379.69 starting immediately. In addition, he will make a finaliump-sum payment of $150 three years from today What rate of retum are you coming on the loan? Express your answer in percentage form rounded to two decimal places. You borrow $220,000. The loan is structured as an amortized loan to be repaid over 3 years with 52 (end of period) payments per year. The lender is charging you a rate of 15.5 APR (Assume that the lender can continue to earn 15.5% by reinvesting the payments) How much interest does the lender eam over the life of the loan? (Round your answer to two decimal places.)