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Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for 20,000$. if the company wants to recover the cost in 2 years, what is the equivalent amount of a new income that must be realized every 6 months, if the effective interest rate is 3% per quarter?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91722021

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