How much will you pay for a $10,000 Treasury bill at 5.45% discount for 13 weeks?
A)$135.88
B)$9,863.75
C)$9,865.12
D)$10,135.88

Name: How much will you pay for a $10,000 Treasury bill at 5.45% discount for 13 weeks? A)$135.88 B)$9,863.75 C)$9,865.12 D)$10,135.88
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Quizplus · Accepted Answer

The discount on a $10,000 Treasury bill at 5.45% for 13 weeks is calculated as $10,000 * 0.0545 * (13/52) = $136.25. The purchase price is $10,000 - $136.25 = $9,863.75.

How Much Will You Pay for a $10,000 Treasury Bill