Friendly's Quick Loans, Inc., offers you $$7\mathrm{.}25$ today but you must repay $$9\mathrm{.}25$ when you get your paycheck in one week $($or else$).$

Requirement $1$:

If you were brave enough to ask, what APR would Friendly's say you were paying? $($Round answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places $($e$.$g$.,32\mathrm{.}16).)$

Annual percentage rate

$\%$