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h) Edmonton Pizza borrowed money to redesign their restaurants. Payments of $2,210 would be made at the beginning of each month for four years, starting

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h) Edmonton Pizza borrowed money to redesign their restaurants. Payments of $2,210 would be made at the beginning of each month for four years, starting in nine months. Interest on the loan is 4.87% compounded quarterly. (a) How much must the company borrow today? (b) What will be the amount of the total payments? (c) How much of the amount paid will be interest? a) The company must borrows! today. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 1) Pharma Manufacturing is considering a medical process that is expected to reduce its annual operating costs by $40,000.00. What is the maximum amount of money that should be invested for the process to be economically feasible if interest is 8.86% compounded quarterly? The maximum amount of money that should be invested for the process to be economically feasible is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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