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Yagoda wants to buy a $ 4 8 , 0 0 0 . 0 0 T - bill that matures on 2 0 2 2

Yagoda wants to buy a $48,000.00 T-bill that matures on 2022-07-16. Her target price is $44,455.98, the (annual) simple interest rate is 9.590% and the daycount convention is ACT /365. What is the last date on which she can still buy the T-bill? How much does she pay? (Answer: 2021-09-15, $44449.68.)

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