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The question has several parts that must be complete seguentary. If you are a part of the econ, you will not receive any points for
The question has several parts that must be complete seguentary. If you are a part of the econ, you will not receive any points for me sepped part, and you will not be able to come back to the ped art Tutorial Earth if you purchase $39,000 in US Treasury bus with a discount rate of 4 for a period of 26 weekt, what is that effective Interest rate Round to the nearest hundredth percent Step 1 The effective interest rate on a U.S. Truri of TB, is the actual interest rate on a loan to the government and take into account the fact that the purchaser does not pay the full amount of them. It is calculated using the Interest, purchase price and time. The amount of interest on a scalated as follows where the discount rate is given a decimal and the time will be a fraction whose numerator is the oven munt of time in weit and denominator is 52 weeks interest face value x discount rate time The rate was given to be. As a decimal wel 4. Calculate the interest in for a 129,000 T-1 with a discount of 48% for 26 weeks time in wees interest-face Value x discount rate 52 weeks 26 = 529,000 52
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