A $100,000, 182-day Province of New Brunswick Treasury bill was issued 66 days ago. What will it sell at today to yield the purchaser 2.48% simple interest?
Correct Answer:
Verified
Q57: Calculate the price of a $25,000, 91-day
Q58: A savings account pays interest of 1.5%
Q59: An agreement stipulates payments of $4,000, $2,500,
Q60: A conditional sale contract requires two payments
Q61: Monica finished her program at New Brunswick
Q63: Calculate missing value for the promissory note:
Q64: Calculate missing value for the promissory note:
Q65: A $100,000, 90-day commercial paper certificate issued
Q66: Calculate missing value for the promissory note:
Q67: A $100,000, 91-day Province of Ontario Treasury
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents