To find the rate add 1 to the annual rate divided by 365 days raised to the number of days left in the year minus 1.
r= (1 + 0.2319/365)^305 - 1
r = 0.2138
Now multiply by 100 for the percent:
0.2138 x 100 = 21.38%
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Answer:
700/1000
Step-by-step explanation: