Solve the problem.An investor buys a $30,000 T-bill at a 6% discount for 39 weeks. Find the effective interest rate. (Assume 52 weeks per year.)

A. 7.07%
B. 10.50% 
C. 6.28% 
D. 4.71% 


Answer: C

Mathematics

You might also like to view...

Solve the problem. A particular vitamin comes in 600 milligram tablets. Convert this to ounces. Round answer to the nearest thousandth, if necessary. 

A. 0.212 oz B. 0.273 oz C. 0.021 oz D. 17.01 oz

Mathematics

Provide an appropriate response.If f(x) = ln x2, find .

What will be an ideal response?

Mathematics

Find the indicated matrix.Let A =  and B = . Find AB.

A. not defined
B.
C.
D.

Mathematics

For the given function, determine which of the given viewing windows will show both intercepts.f(x) = 16 - 4x

A. [ -20, 10, -60,  10] B. [ -20, 0, -10, 10 ] C. [ -40, 0, -10, 20 ] D. [ -10, 10, -10, 20 ]

Mathematics