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Please show all work! Thank you! Intel is planning a $4.8 Million building expansion for manufacturing their latest chips. If the company uses an interest
Please show all work! Thank you!
Intel is planning a $4.8 Million building expansion for manufacturing their latest chips. If the company uses an interest rate of 15% per year, compounded quarterly for all new investments, what is the uniform amount per quarter the company must make in order to recover its investment in four years. Calculate the uniform amount per quarter to the nearest dollar Step by Step Solution
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