York University

SC/MATH 1581 M Business Mathematics I (Winter 2024 2025) WQ3

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Emile buys a T-bill on July 31, 2024. The T-bill has a face value of $500,000 and a maturity date of February 7, 2025. The simple interest rate at the time Emile buys the T-bill is 3.517%. Use the day...

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