Caremark has purchased a robotized prescription fulfillment system for faster and more accurate delivery to patients with stable, pill-form medication for chronic health problems, such as diabetes, thyroid, and high blood pressure. Assume this high-volume system cost $3M to install and an estimated $200,000 per year for all materials, operating, personnel and maintenance costs. The expected life is ten years. A Caremark biomedical engineer wants to estimate the total revenue requirement for each six-month period that is necessary to recover the investment interest, and annual costs. Compute the revenue required per six-month period using a nominal MARR of 8% per year for the following two conditions: compounded semiannually b. compounded monthly