A 3 month $19,000 treasury bill with a simple annual discount rate of 0.27% was sold in 2016. Assume 365 days in a year a) the price of the T bill was ? b) the actual interest rate paid by the treasury is ?
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A 3 month $19,000 treasury bill with a simple annual discount rate of 0.27% was sold in 2016. Assume 365 days in a year
a) the price of the T bill was ?
b) the actual interest rate paid by the treasury is ?
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- K A 6-month $13,500 treasury bill with a simple annual discount rate of 0.43% was sold in 2016. Assume 365 days in a year. (a) Find the price of the treasury bill (T-bill). (b) Find the actual interest rate paid by the Treasury (a) The price of the T-bill was $ (Round to the nearest cent as needed.) (b) The actual interest rate paid by the Treasury is%. (Type an integer or decimal rounded to four decimal places as needed.)A 6-month $17,500 treasury bill with a simple annual discount rate of 0.48% was sold in 2016. Assume 365 days in a year. (a) Find the price of the treasury bill (T-bill). (b) Find the actual interest rate paid by the Treasury. (a) The price of the T-bill was $ (Round to the nearest cent as needed.) (b) The actual interest rate paid by the Treasury is %. (Type an integer or decimal rounded to four decimal places as needed.)A 9-month $6000 Treasury bill with discount rate 7.966% was sold in 2009. Find a. the price of the T-bill, and b. the actual interest rate paid by the Treasury. a. The price of the T-bill is $ (Round to the nearest dollar as needed.)
- For the following treasury bill bought in 2007, find (a) the price of the T-bill, and (b) the actual interest rate paid by the Treasury. Three-month $16,000 T-bill with discount rate of 3.89% (a) The price of the T-bill is $ (Round to the nearest dollar as needed.)For the following treasury bill bought in 2007, find (a) the price of the T-bill, and (b) the actual interest rate paid by the Treasury. Nine-month $21,000 T-bill with discount rate of 3.96% (a) The price of the T-bill is $ (Round to the nearest dollar as needed.)Historically, Treasury bills offered higher rates. On January 2, 2007, the discount rates were substantially higher than in July 2016. For the following Treasury bill bought in 2007, find (a) the price of the Treasury bill (T-bill), and (b) the actual interest rate paid by the Treasury. Assume 365 days in a year. Three-month $24,000 T-bill with a simple annual discount rate of of 3.96% My Solutio (a) The price of the T-bill was S. (Round to the nearest cent as needed.) (b) The actual interest rate paid by the Treasury is %. (Type an integer or decimal rounded to four decimal places as needed.) ert My le thio quolo
- Historically, Treasury bills offered higher rates. On January 2, 2007, the discount rates were substantially higher than in July 2016. For the following Treasury bill bought in 2007, find (a) the pric the Treasury bill (T-bill), and (b) the actual interest rate paid by the Treasury. Assume 365 days in a year. Six-month $17,500 T-bill with simple annual discount rate of 5.98% (a) The price of the T-bill was $ (Round to the nearest cent as needed.) (b) The actual interest rate paid by the Treasury is (Type an integer or decimal rounded to four decimal places as needed.)Historically, Treasury bills offered higher rates. On January 2, 2007, the discount rates were substantially higher than in July 2016. For the following Treasury bill bought in 2007, find (a) the price of the Treasury bill (T-bill), and (b) the actual interest rate paid by the Treasury. Assume 365 days in a year. Three-month $15,000 T-bill with a simple annual discount rate of of 3.12% (a) The price of the T-bill was $ (Round to the nearest cent as needed.) (b) The actual interest rate paid by the Treasury is%. (Type an integer or decimal rounded to four decimal places as needed.)In real dollars, $500 on August 14, 2011 plus $1000 on August 14, 2016 is equivalent to $1705 on August 14, 2021. If the force of interest was 6%, find the annual effective rate of inflation. Answer to 4 decimal places, for example either 1.23% or 0.0123. b) James makes semi-annual deposits into an account earning 6% compounded semi-annually. The initial semi-annual deposit amount is $100 and each year the deposit amount increases by 1\%. That is the payments are: $100, $100, $101, $101, $102.01, $102.01, etc. Calculate the accumulated value in the account at the time of the 30th deposit. Answer to the nearest cent.
- a 3 month $4,000 treasury bill with discount rate 8.281 was sold in 2009. a. find the price of the t bill . round to nearest dollar b. what is the actual intrest rate paid by the treasuryWhat would be your annualized discount rate% on the purchase of a 170-day Treasury bill for $4700 that pays $4800 at maturity?On January 18, 2007, BusinessWeek reported yields on Treasury Bills. Bruce Martin purchased a $10,000 13 weekTreasury bill at $9,881.25. a) What is the interest amount? b) What is the effective rate of interest? (to the nearest hundredth of a percent)