If a $10,000 T-Bill Is Purchased for $9,600 and Matures

question 12

Essay

If a $10,000 T-bill is purchased for $9,600 and matures in 270 days,what will be the annualized return? (Round to the nearest one hundredth of a percent.)
(a)4 percent
(b)4.17 percent
(c)5.63 percent
(d)2.85 percent

---

Definitions:

Hiring Roles

The process of identifying, attracting, and selecting individuals to fill specific job positions within an organization.

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together diverse parts of an organization.

Influence Scores

Quantitative measures that assess the impact or persuasiveness an individual or brand has on their followers within social media networks.

Culture

Common practices, work life ethics and practices, professional experiences, and beliefs of a group of individuals.