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A $1,000 bond with interest at 9 1/4% on January 1 and July 1 was purchased on September 10. Compute ...
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A $1,000 bond with interest at 9 1/4% on January 1 and July 1 was purchased on September 10. Compute ...
A $1,000 bond with interest at 9 1/4% on January 1 and July 1 was purchased on September 10. Compute the dollar amount of accrued interest that will be paid to the seller. (Assume a 360-day year.)
Textbook
Contemporary Business Mathematics for Colleges
Edition:
16
th
Authors:
Deitz, Southam
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