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1 ) Today, a company paid $ 3 . 5 million for the completion and opening of a factory. If the company uses an interest
Today, a company paid $ million for the completion and opening of a factory.
If the company uses an interest rate of per year, compounded quarterly for all incoming profits from the factory, what is the uniform amount per quarter the company must make in order to recover the factory's construction cost in years?
The uniform profit per quarter that the company must make in order to recover the factory's construction cost in years is $
A business owner plans to make a monthly deposit into an investment account with an average interest rate of per year compounded semiannually. The owner wants to have $ at the end of year to cover the purchase of new equipment. Assume there is interperiod compounding. Round the final answer to three decimal places.
Owner should deposit $ each month.
You purchased shares for $ per share. You sold all your shares for a total amount of $ What is your overall rate of return on the stock? Round the final answer to three decimal places.
The overall rate of return is
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