Caspian Bank wants to borrow 100 000 000 KZT from KKB through the repurchased agreement to finance its short-term liquidity problems. The current market price of Tbills is 930 KZT per 1000 KZT of the face value. The average annual interest rate on REPOs is 3%. Desirable maturity is 7 days. What will be the total interest you will pay to KKB from this transaction? Apply the formula below. Pc = (i/365) x n x (P0/100) + P0

Caspian Bank wants to borrow 100 000 000 KZT from KKB through the repurchased agreement to finance its short-term liquidity problems. The current market price of Tbills is 930 KZT per 1000 KZT of the face value. The average annual interest rate on REPOs is 3%. Desirable maturity is 7 days. What will be the total interest you will pay to KKB from this transaction? Apply the formula below. Pc = (i/365) x n x (P0/100) + P0

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Similar questions

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Please help me with this, thank-you!
5. Jon invests an unknown amount of money at a monthly compound interest rate of 0.5%. After 6 years Jon has $800. How much did Jon initially invest?
Calculate the future value of a simple interest loan of 15,500 DHS at a rate of 1.5% for fifteen (15) months. Identify the Principal amount DHS Identify the Rate (as used in equation for calculation) Identify the Time (as used in the equation for calculation) years Calculate the future value of a simple interest loan of 15,500 DHS at a rate of 1.5% for fifteen (15) months. Round the answer to the nearest fil (two (2) numbers behind the point.) The future value of the loan after fifteen (15) months that will be paid back is DHS.