Provide an Appropriate Response

question 86

Short Answer

Provide an appropriate response.
-If an investor buys a 39-week T-bill with a maturity value of $25,000 for $23,543 what annual interest rate
(annual yield) will the investor earn? (Express your answer as a percentage, correct to one decimal place.)

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Definitions:

1968

An iconic year characterized by global events and movements, including protests against the Vietnam War, civil rights demonstrations, and cultural shifts.

Long-Term Poverty

A condition where an individual or community experiences sustained periods of low income and living standards over many years.

Black Families

Refers to family units or households identified or classified as Black or African American, often studied in socio-economic and cultural contexts.

Forbes Magazine

An American business magazine known for its financial, investing, and marketing topics, as well as its lists of the wealthy and powerful.