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A six - month $ 4 8 0 0 treasury bill sold
Undergraduate
A six - month $ 4 8 0 0 treasury bill sold for $ 4 5 4 1 . What was the simple annual discount
A six
-
month $
4
8
0
0
treasury bill sold for $
4
5
4
1
.
What was the simple annual discount rate?
The discount rate was
%
.
(
Type an integer or decimal rounded to one decimal place as needed.
)
Step by Step Solution
1
Understanding Responsive Design Principles
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