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Canvas Reproductions, Inc., has spent $4,500 dollars researching a new project. The project requires $20,000 worth of new machinery, which would cost $3,000 to install. The company would realize $4,500 in after-tax proceeds from the sale of old machinery. If Canvas's working capital is unaffected by this project, what is the initial investment amount for this project?
On 3/5/2012, you entered into a semiannual interest rate swap contract,
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James hogan is purchasing a $25,000 automobile, which is to be paid for in 48 monthly installments of $563.44. what is the effective interest rate per month for this financing arrangement?
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