Question: Personal Finance: Sometimes I'll figure these math problems out, then the next I am confused! Help with this please: I am just a bit confused

Personal Finance:

Sometimes I'll figure these math problems out, then the next I am confused!

Help with this please:

I am just a bit confused not getting the APR: I have done the problem but still coming up with the wrong APR.

Question:

What was the APR on a $1,600 payday loan taken out for 30 days if your repayment on the loan cost you $1,750? (Assume 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)

APR %

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