Ask Question
24 May, 06:21

The given treasury bill was sold in april of this year. find (i) the price of the t-bill, and (ii) the actual interest rate paid by the treasury. round dollar amounts to the nearest cent and interest rates to the nearest thousandth. six-month $17,000 t-bill with discount rate 0.130%

+3
Answers (1)
  1. 24 May, 08:09
    0
    (i) $2997.75

    (ii) about 0.075%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The given treasury bill was sold in april of this year. find (i) the price of the t-bill, and (ii) the actual interest rate paid by the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers