Question: On March 1, Murray signed a contract to pay Anton $2000 plus interest at 8% on June 1, and $3000 plus interest at 8% on
On March 1, Murray signed a contract to pay Anton $2000 plus interest at 8% on June 1, and $3000 plus interest at 8% on September 1. Anton sold the contract to Randy on May 1 at a price negotiated to provide Randy with a 10% rate of return. What price did Randy pay?
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