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eennuson eennuson
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A year ago
A $1,000 bond with interest at 9% on January 1 and July 1 was purchased on September 12 at 86 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
Authors:
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JulzMarieJulzMarie
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A year ago
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