For most of 2010-2020, Three Month Treasury Bill rates were near:   a) 0%   b) 3%   c) 5%   d) 6%

Assume the $15,000 Treasury bill, 4% for 13 weeks. Calculate the effective rate of interest.

In January 2020, three-month (91 - day) Treasury bills were selling at a discount of 1.48 %. What was the annual yield? Assume 365 days in a year. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

Pharoah Landscaping has an average collection period of 36 days for its accounts receivable. Currently, Pharoah factors all of its receivables at a 2 percent discount. What is the effective annual interest rate on the financing from the factor? (Use 365 days for calculation. Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.) Effective annual interest rate %