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Jay purchased a 1 8 0 - day $ 5 0 0 , 0 0 0 bank bill ( at a simple interest rate )
Jay purchased a day $ bank bill at a simple interest rate on July The purchase price was $ He sold this bank
bill on August
a What was his selling price, if he sold this bank bill at a yield of pasimple interest Round your answer to three decimal
places.
a
b
c
d
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