Suppose that in order to buy a Treasury bill (T-bill) that matures to $10,000 in 10 months, you must pay $9,750. What rate does this earn? Round your answer to one decimal place.
?
A. 4.3%
B. 1.8%
C. 3.7%
D. 2.5%
E. 3.1%
Answer: E
Mathematics
You might also like to view...
Use exponential regression to provide an approximate model for the following data. Round your answer to two decimal places. t 1.80 4.50 6.98 9.70 11.97 y 19.83 14.03 10.03 7.67 5.59?
A. ?
B. 
C. ?
D. ?
Mathematics
Write the series using summation notation.1 + 
+ 
+ 
+ 
+ 
A. 
B. 
C. 
D. 
Mathematics
Graph the line containing the given pair of points and find the slope. (2, -10) (-1, 5)
A. - 
B. - 5
C. 5
D. 
Mathematics
Write the word statement in symbols.Eight is equal to eleven minus three.
A. 11 = 8 - 3 B. 11 < 8 + 3 C. 8 - 11 < 3 D. 8 = 11 - 3
Mathematics