Many tax prepaeation firms offer their clients a refund anticipation loan (RAL). For a fee the firm will give a client his refund when the return is filed. the loan is repaid when the internal Revenule service sends the refund dirctly to the firm. Thus the RAL fee is equivalent to the interest charge for a loan The schedule in Table 4 is from a major RAL lender Use this schedule to find the annual rate of interest for the RALs in Problems