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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 53
Calculate the interest, purchase price, and effective interest rate of the following Treasury bill (T-bill) purchases. Round effective interest rate to the nearest hundredth of a percent.
Explanation
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First find the interest of the Treasury ...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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