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On January 16, 2020, Ben bought a government-guaranteed short-lerm investment maturing on January 31,2020 . How much did Ben pay for the investment if he

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On January 16, 2020, Ben bought a government-guaranteed short-lerm investment maturing on January 31,2020 . How much did Ben pay for the investment if he will receive $12,000 on January 31,2020 , and interest is 282% ? Ben paid $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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