This question illustrates what is known as discount interest. Imagine you are discussing a loan with a somewhat unscrupulous lender. You want to borrow $$28,000$ for one year. The interest rate is $19\mathrm{.}25$ percent. You and the lender agree that the interest on the loan will be $\mathrm{.}1925\backslash$times $$28,000=$ $$5,390.$ So$,$ the lender deducts this interest amount from the loan up front and gives you $$22,610.$ In this case, we say that the discount is $$5,390.$ What is the interest rate on this loan?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$