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Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold

Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 23th May 2020 at 3.44% p.a. simple interest rate. b) What is her selling price (rounded to four decimal places)?

a. 98900.1223 b. 98992.3930 c. 98808.0233 d. 99419.0658

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