Today, Williamson Hospital lends its Home Health Care Center $938,510. The center expects to repay them in
Question:
Today, Williamson Hospital lends its Home Health Care Center $938,510.
The center expects to repay them in quarterly installments for three years of
$100,000 with the first payment starting one quarter from now. What annual interest rate is the hospital charging for this loan?
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Related Book For 
Financial Management Of Health Care Organizations
ISBN: 9780631230984
2nd Edition
Authors: William N. Zelman, Michael J. McCue, Alan R. Millikan, Noah D. Glick
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