Van Buren Resources Inc. is considering borrowing $100,000 for 202 days from its bank. Van Buren will pay $5,000 of interest at maturity, and it will repay the $100,000 of principal at maturity. Assume that there are 365 days per year.

• Calculate the loans annual financing cost _____%. Round your answer to two decimal places.

• Calculate the loans annual percentage rate ____%. Round your answer to two decimal places.