Erie General Hospital wants to purchase a new blood analyzing device today. Its local bank is willing
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Erie General Hospital wants to purchase a new blood analyzing device today. Its local bank is willing to lend it the money to buy the analyzer at a 2 percent monthly rate. The loan payments will start at the end of the month and will be $2,600 per month for the next eighteen months. What is the purchase price of the device?
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Related Book For 
Financial Management Of Health Care Organizations
ISBN: 9781118466568
4th Edition
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
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