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Home Q & A Board Science-Related Homework Help Mathematics
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James Paul James Paul
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A year ago
Two $1,000 bonds with interest at 8% on March 1 and September 1 were purchased on October 8 at 104 plus accrued interest. Compute the entire purchase cost of the bonds. (Assume a 360-day year and a commission of $5 per bond.)
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Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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dcmc92dcmc92
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