Maple Ventures has a success rate of 10% with it's venture funding. The managers at Maple require a 30% return on their portfolio of lending and the average length of an investment is 5 years. If you are looking to borrow $300,000 from Maple, what is the annual percentage rate you would be required to pay on this loan?

a) 106% b) 88% c) 74% d) 51% e) 61%