Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 19.1 % for its portfolio of lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a $168 comma 000 loan, what is the annual percentage rate you would have to pay for this loan?Blue Angel Investors has a success ratio of 10 % with its venture funding. Blue Angel requires a rate of return of 19.1 % for its portfolio of lending, and the average length on its loans is 5 years. If you were to apply to Blue Angel for a $168 comma 000 loan, what is the annual percentage rate you would have to pay for this loan?
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