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    Business Mathematics Study Set 1
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    Exam 7: Applications of Simple Interest
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    Calculate the Price of a $25,000, 91-Day Province of British
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Calculate the Price of a $25,000, 91-Day Province of British

Question 14

Question 14

Short Answer

Calculate the price of a $25,000, 91-day Province of British Columbia Treasury bill on its issue date if the current market rate of return is 3.672% simple interest.

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