Which one is the approximate periodic interest rate % on a Treasury bill that you purchase for 4,908 AZN that will mature in 270 days for 5,000 AZN? (Assume one year is 360 days)
Which one is the approximate periodic interest rate % on a Treasury bill that you purchase for 4,908 AZN that will mature in 270 days for 5,000 AZN? (Assume one year is 360 days)
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 7P
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Urgenttttt!!!!! Which one is the approximate periodic interest rate % on a Treasury bill that you purchase for 4,908 AZN that will mature in 270 days for 5,000 AZN? (Assume one year is 360 days)
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