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December 18, 2014

Homework Help: business math

Posted by Anonymous on Sunday, October 30, 2011 at 5:19pm.

On January 18, 2007, BusinessWeek reported yeilds on Treasury bills. Bruce Martin purchased a 10000.00 13-week Treasury bill at 9881.25 (a) What was the amount of interest? (b) What was the effective rate of interest?

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