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MMLU-Pro / 7544 / Suppose you buy a 91-day 500,000Treasurybillatthepriceof 485,000 and…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Suppose you buy a 91-day 500,000Treasurybillatthepriceof 500,000 Treasury bill at the price of 485,000 and you hold the bill until it matures. What is the interest rate you earn?
Plain-text mathematical notation (without MathML)
Suppose you buy a 91-day 500,000Treasurybillatthepriceof 485,000 and you hold the bill until it matures. What is the interest rate you earn?
Original LaTeX notation
Suppose you buy a 91-day $ 500,000 Treasury bill at the price of $ 485,000 and you hold the bill until it matures. What is the interest rate you earn?

category

economics

options

  1. 10.4%
  2. 12.5%
  3. 9.5%
  4. 15%
  5. 8.3%
  6. 14.2%
  7. 12%
  8. 13%
  9. 11.8%
  10. 10%

src

stemez-Economics

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