Seudónimo Seudónimo
  • 31-10-2016
  • Mathematics
contestada

Assume the $12,000 Treasury bill, 3% for 13 weeks. Calculate the effective rate of interest

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yuseli
yuseli yuseli
  • 31-10-2016
equation is f(x)=12,000(1.03)^13
the answer would be $17,622
if you were to plug into a scientific calculator
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