Friendlys Quick Loans, Inc., offers you three for four or 1 knock on your door. This means you get $3.20 today and repay $4.20 when you get your paycheck in one week (or else). If you were brave enough to ask, what APR would Friendlys say you were paying? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) APR % Whats the effective annual return Friendlys earns on this lending business? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) EAR %