N. Trest bought a $10,000 Treasury bill at a 1.32% discount for 13 weeks (91 days). How much

does N pay for the bond?

A) $10,000 B) $9,967.09 C) $9,870.54 D) $9,685.90

B

Business

You might also like to view...

GAAS require the auditor to be independent. An auditor is independent if (s)he is

a. Competent b. Independent in fact and in appearance c. Consistent and independent in fact d. Logical and intellectually honest

Business

Which of the following does NOT accurately describe e-mail?

A) It is a pervasive tool for internal organizational communication. B) It is a viable alternative to face-to-face communication in organizations. C) It is the fastest-growing form of social communication among teenagers. D) It is a popular form of social communication among senior citizens.

Business