 # T-Bill Calculator

## Enter 3 T-Bill Inputs:

<-- Price
<-- Face
<-- Weeks
<-- y

A T-Bill with a face value of 300
redeembable in 45 weeks yields 20%.
Calculate the price:

## T-Bill Relation Equation

 P = F -
 F * (7 * w * y) 360

## Plug in our numbers

 P = F -
 F * (7 * w * y) 360

 P = 300 -
 300 * (7 * 45 * 0.2) 360

 P = 300 -
 300 * 63 360

 P = 300 -
 18900 360

P  =  300 - 52.5

P = 247.5

P = 247.5

### How does the T-Bill Calculator work?

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?

1. P = F - (F * (7 * w * y)/360)

For more math formulas, check out our Formula Dossier

### 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