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Charles acquired a $7,000.00, 91-day, Province of Alberta T-bill on its date of issue for a price of $6,913.81. What was the annual simple interest

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Charles acquired a $7,000.00, 91-day, Province of Alberta T-bill on its date of issue for a price of $6,913.81. What was the annual simple interest rate of the T-bill? % Round to two decimal places

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