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Jesse purchased a 91-day T-bill that has a face value of $1,000 and an interest rate of 5.00% p.a. Calculate the price he paid for

image text in transcribed Jesse purchased a 91-day T-bill that has a face value of $1,000 and an interest rate of 5.00% p.a. Calculate the price he paid for the T-bill. Round to the nearest cent

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