Question Help A payday loan is structured to obscure the true interest rate you are paying. For example, in Washington, you pay a $25 "oe" for a two-week 5200 payday loan (when you repay the loan, you pay $225). What is the effective annual interest rate for this loan? (Assume 26 bi-weekly periods per year) The effective annual interest rate is %. (Round to two decimal places) Enter your answer in the answer box OD 11:19 PM 2/26/2020 Ulo