A bank bill with a face value of $200,000 was issued today and it matures in 90 days' time. If interest rates are 7% p.a. what amount of cash does the issuer receive today? Group of answer choices $196,577.89 $160,439.56 $203,452.05 $196,606.52 $189,421.02

A bank bill with a face value of $200,000 was issued today and it matures in 90 days' time. If interest rates are 7% p.a. what amount of cash does the issuer receive today? $196,577.89 $160,439.56 $203,452.05 $196,606.52 $189,421.02