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Request from the editors.

A farmer sold a team of horses for $440, but did not receive his pay for them until 1 yr, 8 mo after the sale. He had at the same time another offer of $410 for them. Did he gain or lose by the sale and by how much, money being worth 6%/yr?

Page 8, Images from the Paul Halmos Photograph Collection: Armand Borel, Karol Borsuk, Raoul Bott, William Browder, H. Arlen Brown, and R. Creighton Buck

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