In june 2010 john pays 9800 for a one- year t-bill that can


In June 2010, John pays $9,800 for a one- year T-bill that can be redeemed for $10,000.

What is the amount of interest earned? What is the yield?

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Accounting Basics: In june 2010 john pays 9800 for a one- year t-bill that can
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