What is the effective, compound rate of interest you earn if you enter into a repurchase agreement in which you buy a Treasury bill for $76,789 and agree to sell it after a month (30 days) for $77,345? What is the compound rate of interest you pay if you sell a Treasury bill for $76,789 and repurchase it after 30 days for $77,345?

*Please show work. Thank you!*