Fight Finance

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keithphw$6,001.61
Visitor$1,258.61
cuiting$1,229.70
Carolll$1,213.33
Jade$1,135.80
Skywalke...$1,070.00
mm11$1,050.33
ninalee$1,039.70
Visitor$1,024.70
Visitor$1,005.61
Visitor$950.00
Doris$889.70
Visitor$840.00
Zin$820.00
Emma Lu$810.00
trungbin$803.09
victor$784.70
alison$771.70
Visitor$760.00
Chloe_$724.05
 

Question 258  bill pricing, simple interest rate

A 60-day Bank Accepted Bill has a face value of $1,000,000. The interest rate is 8% pa and there are 365 days in the year. What is its price now?




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