Question 1174012
The raw percentage that the fee represents is:<br>
$30/$550 = 0.0545  or 5.45%<br>


However, since this is paid over 15 days, we still need to convert this to an annual rate  (rate per day * 365):<br>

(5.45% / 15) * 365 = {{{ highlight( 132.62 ) }}} %