Jay purchased a $180-$day $$500,000$ bank bill $($at a simple interest rate$)$ on $16$ July $2023.$ The purchase price was $$490,550.$ He sold this bank bill on $12$ August $2023.$

$($a$)$ What was his selling price, if he sold this bank bill at a yield of $8\mathrm{.}88\%$ p$.$a$.($simple interest$)?$ Round your answer to three decimal places.

Question $1$Answer

a$.$

$491926\mathrm{.}211$

b$.$

$492029\mathrm{.}393$

c$.$

$490588\mathrm{.}760$

d$.$

$491977\mathrm{.}797$