Question 19 Solve the problem. An investor buys a $70,000 T-bill at a 6.5% discount for 26 weeks. Find the effective int
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Question 19 Solve the problem. An investor buys a $70,000 T-bill at a 6.5% discount for 26 weeks. Find the effective int
Question 19 Solve the problem. An investor buys a $70,000 T-bill at a 6.5% discount for 26 weeks. Find the effective interest rate. (Assume 52 weeks per year.) O 6.72% 0.1 pts 5,04% O 3.36% 9.75%