1.

To buy a treasury bill that matures to Rs. 10,000 in 6 months, you must pay Rs. 9750. What rate does this earn? If the bank charges a fee of Rs. 40 to buy a treasury bill, what is the actual interest rate you earn?​

Answer»

Answer:

AMOUNT = $10,000

Principle = $9750

Time = 6 months

Considering the INTEREST...

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