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Business, 22.02.2021 19:00 mprjug6

Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $30,000. The company wants to recover the cost in 2 years. Find the equivalent amount of new revenue that must be realized every 6 months at an interest rate of 3% per quarter using a factor formula, and a single-cell spreadsheet function that includes an EFFECT function. The equivalent amount of new revenue that must be realized every 6 months at an interest rate of 3% per week is:

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