Wednesday

July 30, 2014

July 30, 2014

Posted by **mary** on Wednesday, July 18, 2012 at 1:23am.

earn at least 1% interest, what is the most you should pay for the T-bill?

- math -
**drwls**, Wednesday, July 18, 2012 at 2:25amIt will be worth $5000 in 1/2 year. That is 1.005 times what it is worth now, assuming 1% annual interest. You should pay no more than X, where

1.005 X = 5000.

X = $4975.12

**Related Questions**

math - suppose you are looking to buy a $5000 face value 26 week T-bill. If you ...

bonds - YOU WANT TO BUY A TREASURY BILL WHOSE FACE VALUE IS $20000 IN 30 DAYS. ...

MATH - AN INVESTMENT OF $5000 IN THE STOCKMARKET WITH THE VALUE INCREASED BY 13...

11th grade math - Suppose you earn $7.21 per hour and plan to work "h" hours per...

Marcoeconomics - if Bond price= the discounted value of all the future income it...

math/algebra - Can I get help in solving these problems using the linear system ...

Stuck on 3d - Math - Suppose you’re thinking about buying a used car, but you’ve...

math - suppose you deposited $3000 of earned income into an IRA, you can earn an...

Math - suppose you inves $8000 and the value grows to $12000 in 10 years. What ...

Economic - Savings bonds sell for less than their face value because a.banks ...