A T-bill with 125 days remaining to maturity is discounted to yield 4.6% simple interest. What is

Question:

A T-bill with 125 days remaining to is discounted to yield 4.6% simple interest. What is the effective annualized rate of return on the T-bill?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...