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You want to buy equipment that is available from 2 companies. The price of the equipment is the same for both companies. Green Industrial would
You want to buy equipment that is available from companies. The price of the equipment is the same for both companies. Green Industrial would let you make quarterly payments of $ for years at an interest rate of percent per quarter. Your first payment to Green Industrial would be in months. Oval Industrial would let you make monthly payments of $X for years at an interest rate of percent per month. Your first payment to Oval Industrial would be today. What is X
You just borrowed $ You plan to repay this loan by making X regular annual payments of $ and a special payment of special payment of $ in years. The interest rate on the loan is percent per year and your first regular payment will be made today. What is X
Submission instructions: round your answer to decimal places such as or
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