How to Use TBILLEQ() in Google Sheets

Description

Calculates the equivalent annualized rate of return of a US Treasury Bill based on discount rate.

How To Actually Use TBILLEQ() in Sheets

TBILLEQ(settlement, maturity, discount)

Try TBILLEQ yourself

In cells A1, A2, and A3, enter the settlement date, maturity date, and discount rate of a US Treasury Bill respectively. Use the TBILLEQ formula in cell B1 to calculate the equivalent annualized rate of return.

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