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carlvh37 carlvh37
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A $1,000 bond with interest at 8 1/2% on January 1 and July 1 was purchased on September 30 at 97 plus accrued interest. Compute the entire purchase cost of the bond. (Assume a 360-day year and a commission of $5 per bond.)
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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Chintan13Chintan13
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A year ago
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carlvh37 Author
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Thanks for your help!!
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Helped a lot
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