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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
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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