Question: this same exact question is posted already but it is incorrect. please help What was the APR on a payday loan of $1,000 taken out

this same exact question is posted already but it is incorrect. please help
this same exact question is posted already but it is incorrect. please

What was the APR on a payday loan of $1,000 taken out for 30 days if your repayment on the foan cost you $1,050? (Assume 365 ays a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) (8) Answer is complete but not entirely correct

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