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A $20,000 T-bill was sold at auction for $19,688.38. The simple discount rate was 4.7%. How long will it take for the T-bill to mature?

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A $20,000 T-bill was sold at auction for $19,688.38. The simple discount rate was 4.7%. How long will it take for the T-bill to mature? Assume there are 365 days in a year. O 33 days 121 days 22 days O 123 days

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