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Tiffany purchased a $1,000 face value T-bill with a simple discount rate of 2.09%. The T-bill will mature in 91 days. How much did Tiffany

Tiffany purchased a $1,000 face value T-bill with a simple discount rate of 2.09%. The T-bill will mature in 91 days. How much did Tiffany pay for the T-bill? (i.e. Find the proceeds.)

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