Brenda purchased a $ 30,000, 90- day T- bill for $ 29,550. What will Brendas return be

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Brenda purchased a $ 30,000, 90- day T- bill for $ 29,550. What will Brenda’s return be when the T- bill matures? What will her annualized rate be?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:26 AM

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Brenda purchased a $ 30,000, 90- day T- bill for $ 29,550. What will Brendas return be

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When the Tbill matures Brenda will h...View the full answer

Personal Finance

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