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Other Fields Homework Help Finance Topic started by: knoeller33 on Jul 8, 2024



Title: Solve the problem.Thomas McGovern buys a $50,000 T-bill at a 6.5% discount for 26 weeks. Find the ...
Post by: knoeller33 on Jul 8, 2024
Solve the problem.

Thomas McGovern buys a $50,000 T-bill at a 6.5% discount for 26 weeks. Find the effective interest rate. (Assume 52 weeks per year.)

▸ 9.75%

▸ 5.04%

▸ 3.36%

▸ 6.72%


Title: Re: Solve the problem.Thomas McGovern buys a $50,000 T-bill at a 6.5% discount for 26 weeks. Find the ...
Post by: schoolkidchuck on Jul 8, 2024
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