Solution-What is the cost of the treasury bill

What is the cost of the treasury bill

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-Suppose a company invests in a $50,000 Unites States Treasury bill at 3.35% interest for 28 days. The bank through which the bill is purchased charges a service fee of $15. What is the cost of the Treasury Bill? (whole number)

-Carly Mint purchases a new laptop computer from EDS for $1499. If the sales tax is 4.25% of the purchase price and Carly finances the total cost, including sales tax, for 3 years at an annual interest rate of 8.4%, find the monthly payment. (2 decimal places)

-Calculate the dividends paid to a shareholder who has 850 shares of a stock that is paying an annual dividend of $0.63 per share (2 decimal places)

Reference no: EM132688903

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What is the cost of the treasury bill

Reference no: EM132688903

Reference no: EM132688903

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