18. DETAILS BRECMBC9 10.111.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the interest (in $), purchase price (in $), and effective interest rate (as a %) of the Treasury bill (T-bill) purchase. Round effective interest rate to the nearest hundredth of a percent. Face Value Discount Term Rate (%) (weeks) Interest Purchase Price Effective Rate (%) $60,000 4.80 26 ta ta % Need Help? Read It