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Sleep Country Canada completed a sale of an entire mattress and box spring set to a client for $2,250 to be paid in 12 equal

Sleep Country Canada completed a sale of an entire mattress and box spring set to a client for $2,250 to be paid in 12 equal month-end instalments with no interest. If it immediately sells this contract on the date of issue to CitiFinancial at 12% compounded annually, what are the proceeds of the sale?

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