To calculate the totMichelle purchases a T-Bill that will mature in 98 days at 99.76. The maturity amount is $ 10000.How much interest will she earn?al amount Michelle will pay for the T-Bill, you need to consider the purchase price and the face value of the T-Bill. The purchase price is given as 99.76, which means Michelle is buying the T-Bill at a discount. T-Bills are typically issued at a discount from their face value, and the difference between the face value and the purchase price is the interest earned. The face value of the T-Bill is $10,000. The formula to calculate the total amount paid is: Total Amount Paid = Purchase Price Face Value Total Amount Paid=Purchase PriceFace Value Let's substitute the given values: \text{Total Amount Paid} = 0.9976 \times $10,000 \text{Total Amount Paid} = $9,976 Therefore, Michelle will pay a total of $9,976 for the T-Bill