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11. (5 points) If the purchase price of a 50-day T-bill is $2,410 and the maturity value is $2,435, what annual interest rate is earned

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11. (5 points) If the purchase price of a 50-day T-bill is $2,410 and the maturity value is $2,435, what annual interest rate is earned (simple interest)? Assume a 360-day year and write your answer as a percentage, rounded to 4 decimal places. 13. (5 points) You want to purchase an automobile for $25,407. You obtain 5.7% financing for 60 months at the local bank. What is the amount of your monthly payments

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