Top Posters
Since Sunday
1
New Topic  
sam3359 sam3359
wrote...
Posts: 152
Rep: 0 0
2 years ago
A $1,000 bond with interest at 9% on January 1 and July 1 was sold on March 20 at 109 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:
Read 73 times
1 Reply
Replies
Answer verified by a subject expert
jay2013jay2013
wrote...
Posts: 168
Rep: 1 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sam3359 Author
wrote...

2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Brilliant
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1711 People Browsing
Related Images
  
 489
  
 263
  
 959
Your Opinion