What is the product of the following reaction? 
Definitions:
Discounted
A reduction applied to the price of goods, services, or securities, or the process of calculating the present value of a series of future cash flows.
Simple Interest
Interest calculated only on the initial principal of an investment or loan over a specified time period.
Contract
A legally binding agreement between two or more parties outlining obligations, rights, and conditions.
T-Bill
Short for Treasury Bill, a short-term government security issued at a discount from the par value and repaid at maturity.
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