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A newspaper has 500000 subscribers who pay 4 per month for

A newspaper has 500,000 subscribers who pay $4 per month for the paper. It costs the company $200,000 to bill all its customers. Assume that the company can earn interest at a rate of 20% per year on all revenues. Determine how often the newspaper should bill its customers.

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Accounting Basics: A newspaper has 500000 subscribers who pay 4 per month for

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Accounting Basics: A newspaper has 500000 subscribers who pay 4 per month for

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