How does the T-Bill Calculator work?
Free T-Bill Calculator - Calculates any of the four items of the T-Bill (Treasury Bill or TBill) formula:
1) Price (P)
2) Face Value (F)
3) Number of Weeks (w)
4) Yield Rate (y)
This calculator has 4 inputs.
What 1 formula is used for the T-Bill Calculator?
P = F - (F * (7 * w * y)/360)
What 5 concepts are covered in the T-Bill Calculator?
- face value
- the price that the issuer pays at the time of maturity
- t-bill
- a short-term debt obligation issued by the U.S. Treasury and backed by the U.S. government with a maturity of less than one year
- treasury
- yield
- How much an investment returns in terms of interest rate
Example calculations for the T-Bill Calculator