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4.30 The optical products division of Panasonic is plan- ning a $3.5 million building expansion for manu- facturing its powerful Lumix DMC digital zoom camera.

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4.30 The optical products division of Panasonic is plan- ning a $3.5 million building expansion for manu- facturing its powerful Lumix DMC digital zoom camera. If the company uses an interest rate of 16% per year, compounded quarterly for all new investments, what is the uniform amount per quar- ter the company must make in order to recover its investment in 3 years

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