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whitywhite11 whitywhite11
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6 months ago
A T-bill with 125 days remaining to maturity is discounted to yield 4.6% pa simple interest. What is the effective annualized rate of return on the T-bill? Round to the nearest 0.01%.

▸ 6.67%

▸ 4.67%

▸ 5.67%

▸ 4.98%

▸ 4.15%
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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itsbreckitsbreck
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6 months ago
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whitywhite11 Author
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6 months ago
This helped my grade so much Perfect
Natalie Price
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Yesterday
Thank you, thank you, thank you!
tcat
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2 hours ago
Thanks
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