He can purchase a $ 20,000 T- bill for $ 19,400 or two $ 10,000 T- bills for $ 9,600 each. Which will give him the better return?
Answer to relevant QuestionsReturn on T- bills. Lauren purchased a $ 40,000 T- bill for $ 38,400. A few months later, Lauren sold the T- bill for $ 39,000. What was Lauren’s return on the T- bill? How often should you review your credit report from each of the three major credit bureaus. Why is this review beneficial? Name the three major credit bureaus. How do they score your credit rating? Will all three major credit bureaus always produce the same credit score? Why is paying your credit card balance in full so important? What should you do if you can’t avoid credit card debt? Explain. Discuss how credit cards offer incentives to use the cards. How else might credit card companies reward cardholders with excellent credit ratings?
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