For the following treasury bill bought in 2007 , find (a) the price of the T-bill, and (b) the actual interest rate paid by the Treasury. Three-month $18,500 T-bill with discount rate of 4.98% (a) The price of the T-bill is $ (Round to the nearest dollar as needed.) Mike Branson invested his summer earnings of $2000 in a savings account for college. The account pays 2.5% interest. How much will this amount to in 6 months? Mike's savings will amount to $ in 6 months. (Round to the nearest cent as needed.) The time period of the loan was year(s). (Type an integer or a decimal.)