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Northwest Iron and Steel is Considering getting involved in electronic commerce. A modest e-commerce package is available for $707,000. The company wants to recover the
Northwest Iron and Steel is Considering getting involved in electronic commerce. A modest e-commerce package is available for $707,000. The company wants to recover the cost in 6 years. Find the equivalent amount of new revenue that must be realized semiannually at an interest rate of 10% per quarter.
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