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You own a small machine shop. You would like to save $ 1 8 0 , 0 0 0 to buy some new equipment two
You own a small machine shop. You would like to save $ to buy some new equipment two years from now. The plan is to set aside an equal amount of money each quarter, starting today. You can earn a rate of return. How much does the firm have to save each quarter to achieve this goal?
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