Uriel used a $150 payday loan to pay a bill. The finance charge on the loan was $15 with a $15 transaction fee. If the term was 18 days, what was the APR of Uriel's loan? Round the final answer to the nearest hundredth.
Group of answer choices:
a) 40.56%
b) 30.00%
c) 45.00%
d) 35.56%