The U$.$S$.$ government borrows money by selling Treasury bills. Treasury bills are discounted notes issued by the U$.$S$.$ government. On June $1,2003,$ Kris Greenhalgh purchased a $157-$day, $$1000$

U$.$S$.$ Treasury bill at a $4\mathrm{.}66\%$ discount. On the date of maturity Kris received $$1000.$ Complete parts a$)$ through d$).$

Click here for an explanation of treasury bills.

Click the icon to view the table of maturity dates.

a$)$ What is the date of maturity of the Treasury bill?

The date of maturity of the Treasury bill is

$2003$

b$)$ How much did Kris actually pay for the Treasury bill?

$$$

$($Round to the nearest cent.$)$

c$)$ How much interest did the U$.$S$.$ government pay Kris on the date of maturity?

$$$

d$)$ What is the actual rate of interest of the Treasury bill? $($Assume a $360-$day year.$)$

$r$~~$,\%($Round to the nearest hundredth of a percent.$)$