Learning Goal: I’m working on a applied mathematics test / quiz prep and need su

Learning Goal: I’m working on a applied mathematics test / quiz prep and need support to help me learn.Today is March 1, 2016. Konstantin has $14,764.44 and wants to buy a T-bill with a face value of $15,000 that matures on December 21, 2016. The annual simple discount rate is 2.250% and the daycount convention is ACT / 365.a) How much would the T-bill cost if he were to purchase it today?b) How much interest would he earn every day (if the discount rate stayed constant)?c) If Konstantin doesn’t buy the T-bill today, what is the last day on which he will still be able to buy it?
Requirements: Depends on the problem   |   .doc file