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question 3 1 pts the owner of a manufacturing plant...

Question: question 3 1 pts the owner of a manufacturing plant...

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Question 3 1 pts The owner of a manufacturing plant borrows $390,000 to buy new robotic equipment for the plant. The loan is to be repaid over 25 years in equal quarterly payments at 4% annual interest with no payments for the first year (interest does accrue the first year). How much will the owners quarterly payments be? Express your answer in $ to the nearest $10. Question4 1 pts After getting her first job, a college graduate wants to begin saving money so she can pay cash for a new car. She wants to save enough each month to have $21,000 at the end of 4 years, and her savings account pays 3% interest, compounded monthly. How much will she have to save each month to reach her goal? Express your answer in $ to the nearest whole $

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