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Home Q & A Board Science-Related Homework Help Mathematics
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rbowen87 rbowen87
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A year ago
A $1,000 bond with interest at 9 % on March 1 and September 1 was sold on July 7 at 106 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.)
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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armywahinearmywahine
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A year ago
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