Vito Corleone will loan you money on a 7-for-8 arrangement, i.e., for every $7 he gives you today, you give him $8 one week from now. What is the EAR of this loan? Assume that there are 52 weeks in a year. (Note: retain at least four places of a decimal in your calculation) Select one: 396.48% 14104.29% 103552.85% 5842.86%