Solve the problem.Jane Johnson buys a $30,000 T-bill at a 5.5% discount for 26 weeks. Find the purchase price of the T-bill. (Assume 52 weeks per year.)

A. $29,092.50
B. $29,175.00
C. $28,350.00
D. $29,587.50


Answer: B

Mathematics

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What will be an ideal response?

Mathematics