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What is the effective rate on a $10,000 treasury bill 4% for 13 weeks?

What is the effective rate on a $10,000 treasury bill 4% for 13 weeks?
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3 votes
What is the effective rate on a $10,000 treasury bill 4% for 13 weeks?

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User Mohamed Thoufeeque
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7.9k points

1 Answer

3 votes
The Answer is 4.04% (see attachment for full solution.
What is the effective rate on a $10,000 treasury bill 4% for 13 weeks?-example-1
answered
User Cristiano Sousa
by
8.7k points
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