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Annualized T-bill Rate. Brenda purchased a $35,000,90-day T-bill for $34,200. What will Brenda's return be when the T-bill matures? What will her annualized rate be?

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Annualized T-bill Rate. Brenda purchased a $35,000,90-day T-bill for $34,200. What will Brenda's return be when the T-bill matures? What will her annualized rate be? Note: Use a 365-day year. When the T-bill matures, Brenda's return (90-day rate) will be %. (Round to two decimal places.)

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