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4. The Dietrich Company purchases a short term investment for $250,000 cash on April 1, 2017. It is a six-month investment with a 2.5% annual
4. The Dietrich Company purchases a short term investment for $250,000 cash on April 1, 2017. It is a six-month investment with a 2.5% annual interest rate. a. Unanswered 2 attempts left Calculate how much interest income Dietrich will record on September 30, 2017, when the investment matures. Type your response b. Unanswered 2 attempts left Submit Calculate the total amount of cash Dietrich will receive on September 30, 2017, when the investment matures. Type your response
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