Sean M.

# What annual interest rate is earned by a 14​-week ​T-bill with a maturity value of ​$2,000 that sells for ​$1,972.81​?

What annual interest rate is earned by a 14​-week ​T-bill with a maturity value of ​$2,000 that sells for ​$1,972.81​?

The annual interest rate is ___%

​(Type an integer or decimal rounded to three decimal places as​ needed.)