Score: 0 of 1 pt 18 of 20 (5 complete) HW Score: 15%, 3 of 20 pts P 20-17 (similar to) Question Help The Ohio Valley Steel Corporation has borrowed $5.7 million for one month at a stated annual rate of 92%, using inventory stored in a field warehouses collateral The warehouser charges a $6,500 foe, payable at the end of the month What is the effective annual rate of this loan? The effective annual rate is (Round to two decimal places)