Question: Jake purchased a $ 2 5 , 0 0 0 1 8 0 - day T - bill discounted to yield 1 . 1 7

Jake purchased a $25,000180-day T-bill discounted to yield 1.17%. When he sold it 60 days later, yields had dropped to1.11%. How much did Jake earn? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)Jake earned$

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