Certified Government Financial Manager (CGFM)

For $91,000, a city purchases a T-bill with a face value of $10,000. The note becomes due in 91 days. How much was produced?

87.07% 8.007% 8.07% 8.70%

8.07%

Access more questions from this quiz

Continue to Certified Government Financial Manager (CGFM) for more practice questions and the full quiz experience.