If $1900 earned simple interest of $56.28 in 6 months, what was the simple interest rate? the simple interest rate is % (do not round until the final answer. then round to the nearest tenth as needed.)

rate of interest = 5.92%

Step-by-step explanation:

Given,

       = 0.5 year

As the interest is being calculated according to the rule of simple interest.

so, Simple interest can be given by,

          = 5.92

so, the simple rate of interest is 5.92% annually.