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Answer it correctly. I ll rate according with multiple votes. Ty-ped and proper explanation please. Question 2 (10 points) Listen Border Steel invested $400,000 in

Answer it correctly. I ll rate according with multiple votes. Ty-ped and proper explanation please.

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Question 2 (10 points) Listen Border Steel invested $400,000 in a new shearing unit. At an interest rate of 12% per year compounded quarterly, the quarterly income required to recover the investment in 4 years is closest to: $30,087 $36,506 $32,370 O $35.280 $31,844

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