a) What did Ferd pay for
210 Peesent
(6)
Cay camaunine SeBhny pa
aboht 122-75
“= Dt
re 7 97790%
the T-Bill?
yokes
310 000
(0, 075> 182) =
4+
'b) What did he receive When he sold if?
sepesen
‘¢) What rate of return id Ferd realize for his transactions?
(Round answer to? decimal % places: x.y2%)
ee eb 9
a fOo0d at dus
10 000, 182 day T-Bill wien ic was issued ata discount of 45%.
it for 75 days he sold it at 2 4.9% discount.
)
9. Mahitabelle borrows $7700 at 6.1% per annum calculated on the monthly unpaid
balance. She also agreed to repay the loan in blended payments of $770 per
‘month, Fill in the blanks for the following chart showing the details of her first
three payments.
9 pea] Balance | am.rsia | imerestrd. | Priniparra, | Belanceafer
" o oO ° G 700.00
P95.) Reo | aac | 3974 | 430.06) 6969. 14
| a [ee] aa [asm [ae SA esa ge
| [eis 3] 470 [ates [429 31 | 5475 26
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