Great, these are the types of changes we are trying to

make.

Another area that we want to touch on is different short$-$

term financing options that we have.

Citi has offered to lend us $$14,416,500$ for $49$ days with

an interest cost of $$157,666.$ What effective interest rate

would this mean? $($Enter the answer as a percentage with

$1$ decimal.$)$