Multiple Choice
Solve the problem.
-Randy Hunter buys a $30,000 T-bill at a 5.4% discount for 24 weeks. Find the interest earned on the T-bill. (Assume 52 weeks per year.)
A) $373.85
B) $747.69
C) $1,495.38
D) $822.46
Correct Answer:
Verified
Correct Answer:
Verified
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