3. the math of interest. please indicate if you are unsure or totally sure about the answer On February 19, 2018 Armita buys a $46,000 T-blll maturing on July 26, 2018. The simple interest rate is 8.250%and the daycount convention is ACT/360. What price does she pay?(Give your answer to 2 decimal places. Number only, no $ at the start!)Answer:Certainty OC=1 (Unsure: <67%) OC=2 (Mid: >67%) OC=3 (Quite sure: >80%)

Given: Armita buys $46,000 on February 19, 2018 which will mature on July 26, 2018. The simple…

Answered: On February 19, 2018 Armita buys a…

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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On February 19, 2018 Armita buys a $46,000 T-blll maturing on July 26, 2018. The simple interest rate is 8.250% and the daycount convention is ACT/360. What price does she pay? (Give your answer to 2 decimal places. Number only, no $ at the start!)