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How much would you pay for a six-month T-bill

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Q1. What would be balance of your savings account on October 31st if you invested $5,000 on June 27th at a rate of 2.9%?

Q2. How much would you pay for a 6-month T-bill with a face value of $12,500and a rate that would yield 3.5% if there is 125 days remaining in the term?

Reference no: EM132695568

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