Question
The optical products division of Panasonic Inc. plans to expand its facilities to manufacture its new Lux XC306 digital camera, with an investment of $
The optical products division of Panasonic Inc. plans to expand its facilities to manufacture its new Lux XC306 digital camera, with an investment of $ 3.5 million. For its investments, the company uses an interest rate of 24% per annum, compounded quarterly. What is the uniform amount per quarter that you must get to recoup your investment in 4 years?
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Reforming The Governance Of The Financial Sector
Authors: David Mayes , Geoffrey Wood
1st Edition
0415686849, 978-0415686846
