a To buy a Treasury bill T bill that matures to 10 000 in 6

Last updated: 3/24/2023

a To buy a Treasury bill T bill that matures to 10 000 in 6 months you must pay 9800 What annual simple interest rate does this earn Round your answer to one decimal place b If the bank charges a fee of 60 to buy a T bill what is the actual interest rate you earn Round your answer to one decimal place