Multiple Choice
Solve the problem.
-You purchase a 200-day, $1000 U.S. Treasury bill at 0.49% discount. On the date of maturity, you Will receive $1000. How much interest does the U.S. government pay to you on the date of Maturity?
A) $2.72
B) $2.45
C) $5.72
D) $2.99
Correct Answer:

Verified
Correct Answer:
Verified
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