Mom goes to the bank to deposit 500 yuan. After one year, she can withdraw 513.75 yuan. What is the annual interest rate of this deposit method
妈妈去银行存500元，一年后到期可取513.75元，这种存款方式的年利率是多少
<gadget id="calculator">513.75 - 500</gadget>
<output>13.75</output>

<gadget id="calculator">13.75 / 500</gadget>
<output>0.0275</output>

<result>0.0275</result>