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Frugal Tip

Are interest rates on Treasury Bills annualized?

Mr Cheaply On 12:03 AM

I know this is probably a stupid question, but If you look at the interest rate for a one month treasury bill, it says around 2%. Is that 2% per month or year?

Submitted September 23, 2018 at 11:38PM by beetleyeetle https://ift.tt/2OSLtEo

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Are interest rates on Treasury Bills annualized?

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