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7nadin3 [17]
3 years ago
5

Zakir buys five $1,000, 13-week T-bills at 5.1%. a) What is the amount of the discount? b) What will Zakir pay for these T-bills

? c) What is the effective interest rate? Round to the nearest hundredth of a percent.
a) (for all five Treasury bills)

b) (for all five Treasury bills)

c) (for all five Treasury bills)
Mathematics
2 answers:
GalinKa [24]3 years ago
7 0

Answer:

B

Step-by-step explanation:

tresset_1 [31]3 years ago
4 0
A) The amount of the discount is the interest due, $63.75.
  I = Prt
  I = 5000*0.051*13/52
  I = 63.75

b) Zakir will pay the discounted price, $5000 -63.75 = $4936.25

c) The effective rate is r/(1 -rt) = 5.1%/(1 -0.051*13/52) ≈ 5.17%
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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

A straight angle is 180 degrees. That means ∠DFG & ∠EFG have to add together to be 180.

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Answer:

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Step-by-step explanation:

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Answer:

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