What is the effective interest rate of an 8% 13week Treasury bill? Assume it is a $10,000 Treasury bill, and round your answer to the nearest hundredth percent.
A. 8.20%
B. 9.00%
C. 8.17%
D. 8.16%
Answer: D??
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2 answers

Yes D!
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answered by Amy 
Can you show the steps to figure this out?
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answered by melissaheckel
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