business math

posted by .

sam buys a $10,000.00 teasury bill at 5 1/2% what is the effective ratr?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Accounting

    Sam's grocery store had the following at the end of 20X5: Cash $22,000 Accounts receivable 49,000 Accounts payable 17,000 Fees earned 61,000 Rent expense 12,000 Insurance expense 3,600 Salary expense 18,000 Supplies 15,000 Sam, capital …
  2. Math

    Sam has 9 models. Bill has twice as many models as Jim. Jim has three less models than Sam. Show how to find the difference between the number of models Bill has and the number of models Sam has.
  3. Business Math

    On January 18, 2007 BusinessWeek reported yields on Treasury bills. Bruce Martin purchased a $10,000 13-week Treasury bill at $9,881.25. (a) What was the amount of interest?
  4. accounting

    how would the table of analysis be set up with these transactions: started business with $25,000 paid rent $2,000 purchased equipment $6,000 only paid 40% owes difference purchased food and beverage $4,000 paid 75% in cash owes difference …
  5. math

    Assume the $8,000 Treasury bill, 1.75% for 50 weeks. Calculate the effective rate of interest.
  6. business math

    Bill's monthly payment is $1,056 per month. The principal is $100,000 at a rate of 12 1/2 percent for 35 years. The amount of interest for Bill's 1st payment is $1,011.67. True False
  7. math

    Tiffany purchased a $10,000, 13-week Treasury bill that's paying 2.25%. What is the effective rate on this T-bill?
  8. Math

    Tiffany purchased a $10,000, 13-week Treasury bill that's paying 2.25%. What is the effective rate on this T-bill?
  9. Math

    Sam and Rono bought similar radio cassettes from the same shop Sam bought her's for cash. Rono bought his on hire purchase terms by paying a deposit of $ 4,000 plus 6 equal monthly installments of $3,000 each. If Rono paid $ 5,000 …
  10. Bus. Math

    What is the effective interest rate of an 8% 13-week Treasury bill?

More Similar Questions