Can someone help me understand 4-week Treasury Bill interest rate? Submitted by hamta_ball t3_11eegh5 on February 28, 2023 at 5:28 PM in personalfinance 6 comments 6
CrimsonRaider2357 t1_jadjps3 wrote on February 28, 2023 at 5:43 PM Are you trying to calculate the annualized yield, or an APY? Annualized yield: (4000/3986)^(365/28) -1 = 4.68% APY: (4000/3986 - 1)(365/28) - 1 = 4.58% Permalink 2
Viewing a single comment thread. View all comments