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Ashurbanipal Ashurbanipal
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A year ago
A $1,000 bond with interest at 9% on March 1 and September 1 was sold on October 30 at 105 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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jvigil33jvigil33
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A year ago
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