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On April 1,2013,Jared Enterprises issues bonds dated January 1,2013,that have a $2,430,000 par value,mature in 20 years,and pay 7% interest semiannually on June 30 and December 31.The bonds are sold at par plus three months' accrued interest.What is the total amount of cash Jared Enterprises will collect on April 1,2013?
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Protective Equipment
Gear designed to safeguard individuals from physical, chemical, and biological hazards.
Chlorinated Hydrocarbons
A group of chemical compounds that contain carbon, hydrogen, and chlorine, often used in industrial applications.
Biologically Magnified
The process by which the concentration of a toxin increases as it moves through successive levels of a food chain.
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