49. Treasury Bill A three-month $7600 T-bill carries a discount of $80.75. What is the discount rate for this T-bill?

Q: 47. Treasury Bill A six-month $4000 T-bill sold for $3930. What

A: Face value of Bill=$4000Discounted price=$3930Period=six month

Q: Complete the following table for the simple discount notes. Use the ordinary interest method. (Round…

A: Maturity Value (MV) = $6000 Discount Rate ( r ) = 3.5% Time (n) = 160 days = 160/12 =…

Q: How do I calculate the discount factor on a zero interest bearing note? 600,000 12% interest for 3…

A: The formula for calculating the discount factor is given below:

Q: A company has a collection period of 36 days and factors all receivables immediately at a discount…

A: Discount rate = 2.6%Number of days in a year = 365 daysCollection period = 36 days

Q: The interest on a $27000, 15%, 1-year note receivable is $31050. $228. $270. $4050.

A: The note receivable is an asset for the business.

Q: A $10,000 credit supply has the following terms: trade terms are 5/5 net 50, interest rate 8%. What…

A: If the amount is paid within 5 days of invoice then the 5% discount will be allowed on net amount…

Q: Find the discount and proceeds on a $3,250 face-value note for six months if the discount rate is…

A: The objective of this question is to calculate the discount and proceeds on a $3250 face-value note…

Q: A forward rate agreement (FRA) is

A: Meaning of FRA i.e., Foreign Rate Agreement Forward rate agreement is a contract to determine the…

Q: bills with 91 days period can be purchased at 995. What is the annualized discount rate? A• 5% B•…

A: Treasury bills is a government security which is issued for a short term. The instrument maturity is…

Q: merchant receives an invoice for $8000 with terms 2/10, n/50. What is the maximum interest rate that…

A: Interest rate:The cost of borrowing money in a percentage is known as the interest rate. Interest…

Q: Master Card and other credit card issuers must print the nominal annual rate (APR) on their monthly…

A: The effective annual rate (EAR) is a measure of the total amount of interest or return earned on an…

Q: A supermarket charges 2.75% per month on credit purchases. What is the equivalent nominal annual…

A: Nominal rate is interest rate without the impact of compounding interest rate and it is like simple…

Q: What amount will reduce the amount due on an invoice of $2650.12 by $1207.57 if the terms of the…

A: Discount is the amount that reduce the price of  goods sold and  that is given  by the seller to the…

Q: Q45. Suppose you are planning to accept bank offer as given in below Reference No.01 but instead of…

A: We will first calculate the effective rate and then with that the nominal rate.

Q: A 2300 note with interest is repaid after 90 days with a check for 2,374.75 What was the interest…

A: Interest Amount = P * R * TWhere P = PrincipalR = Rate of InterestT = Time Period…

Q: Using ordinary interest, 360 days, calculate the bank discount (in $), proceeds (in $), and…

A: Bank discount = Face value *Rate * term/ 360

Q: 23. What is the effective annual rate for a credit card Afghan United Bank that charges 20%…

A: The effective annual rate (EAR) is the actual cost of borrowing after considering the compounding…

Q: he interest on a $ 21000, 6%, 60-day note receivable is (Use 360 days for calculation.) $ 210. $…

A: Introduction:- A written promise from a  customer to pay a specific amount of money on a particular…

Q: State the equivalent simple interest rate for a 15% bank discount on a 55 day loan.

A: The calculation of simple interest involves calculating the amount of the principal.The rate is…

Q: What would be your annualized discount rate% on the purchase of a 170-day Treasury bill for $4700…

A: Annualized discount rate can be calculated as: = (Maturity amount - Initial amount) / Initial amount…

Q: CALCULATE THE FORWARD PER ANUM premium OR DISCOUNT. The pound sterling is quoted against the dollar…

A: Given: Spot rate = $1.8000 Forward rate = $1.78 Pound sterling is quoted against the dollar spot…

Q: Vhat is the discou IS

A: The principal amount of a loan or the first deposit in a savings account is used to calculate simple…

Q: Information on a note receivable: Face amount P800,000 Effective Interest 14% PV of P1 @14%, n= 5…

A: Lets understand the basics. When note is issued and its payable over installements then it needs to…

Q: How much must be placed in a two-month term deposit earning 4.8% in order to earn $275 interest?…

A: A term deposit refers to an investment that is offered for a set time where a periodic sum has to be…

Q: elect the correct answer and explain What is the discount to a promissory note with a face value of…

A: In this we have calculate the discount on note using simple interest rate given.

Q: What is the PV of an annuity due with 5 payments of $4,500 at an interest rate of 5.5%?…

A: Present value is the current value of the amounts that can be made in future. If same cash flows…

Q: Solve for a simple discount note: (Round your answers to the nearest cent.) Maturity value 5,150…

A: The face value refers to the value of bond or financial instrument that is the inital value or the…

Q: hat is the effective interest rate of a simple discount note for $27,500​,at an ordinary bank…

A: Effective Interest Rate -The rate used to compute the real return on investment and interest rate…

Q: The enterprise has discounted the bills receivable with a nominal value of 2750 with an internal…

A: Bill receivable is the bill that enforces that the customer has not paid money yet in exchange for…

Q: cent as needed

A: A trade discount is a percentage reduction in a manufacturer's asking price for merchandisers.

Q: Using ordinary interest, 360 days, calculate the bank discount (in $), proceeds (in $), and…

A: Bank discount = Face value*discount rate* term in days/total days Proceeds = Face value - bank…

Q: The Central Bank pays 3.6% compounded monthly on certain types of deposits. What is the effective…

A: Given information: Interest rate is 3.6% Compounded monthly

Q: What is the annual rate of interest being charged on a 3-month note receivable of $51,000 if the…

A: Introduction: A note receivable is a documented promise to pay a set amount of money to another…

Q: If you purchase $27,000 in U.S. Treasury Bills with a discount rate of 4.2% for a period of 26…

A: Data given: P=Principal amount=$27000 r=Discount rate=4.2%=0.042 t=Time=26 weeks=26/52=0.5 Formula:…

Q: On a 36-day basis, ir payment is made on the twentieth day under trade credit turms of 2/10, net 30.…

A: Liability: Liability is an obligation of any business. It is an amount borrowed by a business from…

Q: What is the effective interest rate of a simple discount note for $31,200, at an ordinary bank…

A: Introduction: The effective interest rate is the loan usage rate that a borrower pays. It is also…

Q: What is the effective interest rate of a simple discount note for $27,100, at an ordinary bank…

A: Effective interest rate is the rate charged on the borrowed amount on an annual basis considering…

Q: your annualized discount rate % on the purchase of a 182-day Treasury bill for 4790 that pays 4850…

A: Given,  Present value , P = 4,790 Maturity value, m = 4,850 No. of days , n = 182

Q: #5 Hy Potenuse bought a $10,000 T-bill at a 0.115 percent discount rate for 13 weeks (91 days). How…

A: T-Bill or Treasury Bill is short-term debt instrument which is used by government to borrow from…

Q: Using the daily balance method of calculating interest, how much interest will you owe on a $500…

A: Given,  Credit card balance = $500 interest  = 20% = 20/100 = 0.2 time = 3 weeks  = 21/365

Q: Give typing answer with explanation and conclusion  You purchase a 188-day, $1000 U.S. Treasury…

A: A treasury bill is a kind of debt security issued by the government and private companies for…

Treasury Market

On-the-run securities are the most recently issued securities in the market depth and are therefore traded at some premium. The off-the-run securities are the ones issued just before the most recent ones. The on-the-run securities have a lower yield to the investor than the off-the-run securities.