You have just taken out a $2,650 loan from your local bank. You paid off the loan in 1 year by making 12 monthly payments with a total interest charge of $300.00. Determine, from the information given, the annual percentage rate (APR). Round your answer to the nearest hundredth of a percent. a. 7.91% c. 20.25% b. 79.1% d. 2.09% Please select the best answer from the choices provided