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Jake purchased a $25,000 60-day T-bill discounted to yield 1.29%. When he sold it 30 days later, yields had dropped to 1.23%. How much did

Jake purchased a $25,000 60-day T-bill discounted to yield 1.29%. When he sold it 30 days later, yields had dropped to 1.23%. How much did Jake earn? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)

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