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Maple Ventures has a success ratio of 15% with its venture funding. The managers at Maple require a 24% return on their portfolio of lending

Maple Ventures has a success ratio of 15% with its venture funding. The managers at Maple require a 24% return on their portfolio of lending and the average length of an investment is 5 years. If you are looking to borrow $200,000 from Maple, what is the annual percentage rate you would be required to pay on this loan?

140%

81%

68%

97%

117%

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