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09-11-2022
Mathematics

contestada

A) To buy a Treasury bill (T-bill) that matures to $10,000 in 6 months, you must pay $9760. What annual simple interest rate does this earn? (Round your answer to one decimal place.)

If the bank charges a fee of $20 to buy a T-bill, what is the actual interest rate you earn? (Round your answer to one decimal place.)

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