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Hy Potenuse bought a $10,000 Treasury bill at 1.55 percent discount for 13 weeks (91 days). a)How much does Hy pay for the bill? b)What

Hy Potenuse bought a $10,000 Treasury bill at 1.55 percent discount for 13 weeks (91 days).

a)How much does Hy pay for the bill?

b)What is the effective rate of interest?

c)Who is the borrower?

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