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A bank bill with a face value of $250,000 was issued today andit matures in 60 days' time. If interest rates are 4.5% p.a. whatamount

A bank bill with a face value of $250,000 was issued today andit matures in 60 days' time. If interest rates are 4.5% p.a. whatamount of cash does the issuer receive today? 1 answer

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