document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1014533>Question 1014533</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you are looking to buy a $10,000 face value 13-week T-bill. If you want to earn at least 4% annual interest, what is the most you should pay for the bill? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #630814 by </B><A HREF=/tutors/aboutme.mpl?userid=macston><B>macston(5194)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=macston><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=macston><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=630814\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "If you want 4% per year, you want 1% in 13 weeks.<BR>\n" );
document.write( "$10000 is 101% of your investment.<BR>\n" );
document.write( "Let x=amount you should pay:<BR>\n" );
document.write( "1.01x=$10000<BR>\n" );
document.write( "x=$10000/1.01<BR>\n" );
document.write( "x=$9900.99<BR>\n" );
document.write( ".<BR>\n" );
document.write( "ANSWER: The most you should pay is $9900.99.<BR>\n" );
document.write( ".<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );