The optical products division of Panasonic is planning a $ 3 . 5 million building expansion for
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Question:
The optical products division of Panasonic is planning a $ million building expansion for manufacturing its powerful Lumix DMC digital zoom camera. If the company uses an interest rate of per year, compounded quarterly for all new investments, what is the uniform amount per quarter the company must make in order to recover its investment in years?
The uniform amount per quarter that the company must make in order to recover its investment in years is $
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