New Home Care Agency expects to make average pension payments of $10,000 a year for 25 years
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New Home Care Agency expects to make average pension payments of $10,000 a year for 25 years for a staff nurse who just retired. If the agency's discount rate is 12 percent, what is the maximum lump sum amount that the agency should be willing to pay today to have an independent insurance company assume the burden of future payments?
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Related Book For 
Essentials Of Cost Accounting For Health Care Organizations
ISBN: 9780834205284
1st Edition
Authors: Steven A. Finkler
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