Assume the $10,000 Treasury bill, 4% for 13 weeks. Calculate the effective rate of interest.(Use calendar year. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

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anonymous · Answer

@buildman why do you keep reposting exactly the same question?

anonymous · Answer

I reposted it over here because you said that the Math section was the wrong place to post my question, so I thought I would post it in the Econ and Financilal sections as well? I just joined this site 2 days ago so I am just trying to figure things out? Sorry.

anonymous · Answer

I see! Since I already responded to your post. Can you follow up?