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Vanessa bought a $1,000 face value T-bill with a simple discount rate of 2.39%. The T-bill will mature in 240 days. How much did Vanessa
Vanessa bought a $1,000 face value T-bill with a simple discount rate of 2.39%. The T-bill will mature in 240 days. How much did Vanessa pay for the T-bill? (i.e. Find the proceeds.) O $1,015.72 0 $984.28 O $57.36 O $15.72 O $942.64 Hamilton International Group invested $73,903.13 in discount notes with face values totaling $75,000. The simple discount rate is 1.95%. In how many months will the notes mature? 0 5 months 09 months 4 months O 8 months O 1 month
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