Question: 1) math of interest. Please show all work. the answer is true please note On 2022-04-22, Jiefei pays $17,908.48 for a Tbill with a face

1) math of interest. Please show all work. the answer is true please note

1) math of interest. Please show all work. the answer is true

On 2022-04-22, Jiefei pays $17,908.48 for a Tbill with a face value of $19,000.00 and a maturity of 20230221. He computes both the corresponding simple discount rate d, and the simple interest rate r. True or false: r>d. Select one: True False Certainty ? : C=1 (Unsure: C=2 (Mid: >67%)C=3 (Quite sure: >80% )

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