Fight Finance

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Scores
keithphw$6,001.61
Jade$1,795.80
Yuan$1,726.43
Zin$1,629.43
zy$1,619.70
Carolll$1,522.43
Visitor$1,463.33
Visitor$1,428.33
Visitor$1,395.80
Visitor$1,363.33
Visitor$1,308.61
Emma Lu$1,300.00
cuiting1$1,300.00
cuiting$1,299.70
Visitor$1,251.28
Visitor$1,073.33
mm11$1,050.33
Nisrita$1,050.33
Tijo$1,043.33
ninalee$1,039.70
 

Question 27  bill pricing, simple interest rate

A 180-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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