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Price of government investment certificate formula: PGlC=[RV+(rtRV)]/360 Calculate the government investment certificate's price using the followings: RV=$480,000;r=16%;t=3 months Calculate the government investment certificate's price using

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Price of government investment certificate formula: PGlC=[RV+(rtRV)]/360 Calculate the government investment certificate's price using the followings: RV=$480,000;r=16%;t=3 months Calculate the government investment certificate's price using the followings: RV=$540,000;r=14%;t=6 months

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