A six month $4800 treasury bill sold for $4567 What was the simple annual discount rate The discount rate was (Type an integer or decimal rounded to one decimal place as needed )

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A six month $4800 treasury bill sold for $4567  What was the simple annual discount rate  The discount rate was    (Type an integer or decimal rounded to one decimal place as needed )

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Question

A six-month $4800 treasury bill sold for $4567. What was the simple annual discount rate? The discount rate was %. (Type an integer or decimal

A six-month $4800 treasury bill sold for $4567. What was the simple annual discount rate? The discount rate was %. (Type an integer or decimal rounded to one decimal place as needed.)

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