avan1241 avan1241

15-02-2024
Business

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What is the annual interest rate earned by a 13-week T-bill with a maturity value of $1,700 that sells for $1,679.73? Choose the correct option for the annual interest rate:

A) 0.5%
B) 1.2%
C) 2.8%
D) 3.6%

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