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Mathematics, 27.03.2021 01:00 wubzwaters

What is the purchase price of a 50-day T-bill with a maturity value of $2,105 that earns an annual interest rate of 2.609%? (Assume a 360-day year.)

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What is the purchase price of a 50-day T-bill with a maturity value of $2,105 that earns an annual i...
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