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Jay purchased a 9 0 - day $ 5 0 0 , 0 0 0 bank bill ( at a simple interest rate ) on
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
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