Calculation Procedure. The basic formula for calculating interest liabilities shall be: 1/365 times the annualized 13-week Treasury Bill rate times the number of whole days as determined above, times the dollar amount of the transaction.
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Sources: Cash Management Improvement Act Agreement, Cash Management Improvement Act Agreement, Cash Management Improvement Act Agreement
Calculation Procedure. The basic formula for calculating interest liabilities shall be: 1/365 times the annualized 13-week Treasury Bill ▇▇▇▇ rate times the number of whole days as determined above, times the dollar amount of the transaction.
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