Today is 14th October 2021, Anne just bought a 270-day $100 000 bank bill for $98,300. She will sell this bank bill on 13 November 2021 at 2.14% p.a. (simple interest).

b) What is her selling price (rounded to four decimal places)?

a.

98612.4019

b.

98783.7421

c.

99824.4184

d.

98441.6551