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rosenrot rosenrot
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A $1,000 bond with interest at 8 1/2% on January 1 and July 1 was sold on September 4 at 103 plus accrued interest. Compute the dollar amount of the sale the seller received. (Assume a 360-day year and a commission of $5 per bond.)
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Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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snowcat012snowcat012
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