If a nurse deposits $24,000 today in a mutual fund that is expected to grow at an

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If a nurse deposits $24,000 today in a mutual fund that is expected to grow at an annual rate of 8 percent, what will be the value of this investment:

a. Three years from now?

b. Six years from now?

c. Nine years from now?

d. Twelve years from now?

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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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