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P15-1 (similar to) Question Help Venture capital required rate of return. Blue Angel Investors has a success ratio of 10% with its venture funding. Blue

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P15-1 (similar to) Question Help Venture capital required rate of return. Blue Angel Investors has a success ratio of 10% with its venture funding. Blue Angel requires a rate of return of 19.7% for its portfolio of lending, and the average length on its loans is 4 years. If you were to apply to Blue Angel for a $129,000 loan, what is the annual percentage rate you would have to pay for this loan? What is the annual percentage rate for the loan? % (Round to four decimal places.)

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