Steven Hudson has agreed to settle a debt of $100,000 by paying $14,903 at the end of

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Steven Hudson has agreed to settle a debt of $100,000 by paying $14,903 at the end of each year for 10 years.

What effective rate of interest is Hudson paying under this agreement?

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Essentials Of Health Care Finance

ISBN: 9781284094633

8th Edition

Authors: William O. Cleverley, James O. Cleverley

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Question Posted: Jul 24, 2024 04:00 AM

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Steven Hudson has agreed to settle a debt of $100,000 by paying $14,903 at the end of

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Essentials Of Health Care Finance

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