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Question: the owner of a manufacturing plant borrows 200000 to buy...

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The owner of a manufacturing plant borrows $200,000 to buy new robotic equipment for the plant The loan is to be repaid over 17 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
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 $29,000 at the end of 3 years, and her savings account pays 5% 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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