On May 28, 2015, Ling purchased a government-guaranteed short-term investment maturing on August 4, 2015. How much

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On May 28, 2015, Ling purchased a government-guaranteed short-term investment maturing on August 4, 2015. How much did Ling pay for the investment if $10 000 will be received on August 4, 2015, and interest is 1.35% p.a.?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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