Question
If you paid $120 to a loan company for the use of $2000 for 90 days, what annual rate of interest did they charge? what
If you paid $120 to a loan company for the use of $2000 for 90 days, what annual rate of interest did they charge?
what is the purchase price of a 26 week T-Bill with a maturity value of $1000 that earns an annual interest rate of 4.903%?
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Capital Markets Institutions And Instruments
Authors: Frank J. Fabozzi, Franco Modigliani
4th Edition
0136026028, 9780136026020
