What was lauren?s return on the? t-bill

Reference no: EM133491985

Question 1: Teresa has just opened a NOW account that pays ?1.50% interest. If she maintains the account at the required minimum balance of ?$500 for the next twelve? months, how much interest will she? earn? If she maintains the account at the required minimum balance of ?$500 for the next twelve? months, the amount she will earn in interest is?

Troy paid ?$9,800 for a one year? T-bill with a face value of ?$10,000. What is? Troy's return if he holds the? T-bill to? maturity? If Troy holds the? T-bill to? maturity, his return will be what percent?

Bart is a college student who has never invested his funds. He has saved ?$1,000 and has decided to invest the funds in a money market fund with an expected annual return of ?2.00%. Bart will need the money in one year. The MMF imposes fees that will cost Bart ?$20 at the time he withdraws the funds in one year. How much money will Bart have in one year as a result of this? investment? As a result of his? investment, Bart will have ?how much money?

Lauren purchased a ?$40,000 ?T-bill for ?$39,200. A few months? later, Lauren sold the? T-bill for ?$39,700. What was Lauren?'s return on the? T-bill? Lauren's return on the? T-bill is what percent? (round to two decimal places)

Reference no: EM133491985

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