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A 6 - month $ 1 0 , 5 0 0 treasury bill with a simple annual discount rate of 0 . 4 7 %

A 6-month $10,500 treasury bill with a simple annual discount rate of 0.47% was sold in 2016. Assume 365 days in a year.
(a) Find the price of the treasury bill (T-bill).
(b) Find the actual interest rate paid by the Treasury.
(a) The price of the T-bill was $
(Round to the nearest cent as needed.)
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