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1. Calculate the Present Value (PV) of $100,000 Future Value (FV) discounted annually at 9% per year for three years. 2. IfGeneral Hospital borrows $350,000

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1. Calculate the Present Value (PV) of $100,000 Future Value (FV) discounted annually at 9% per year for three years. 2. IfGeneral Hospital borrows $350,000 for one year at 5% interest, how much interest will General Hospital pay? One Year Interest Expense 3. If General Hospital borrows $450,000 for one year and is told the interest expense will be $14,250, what is the simple interest percent? Simple One Year Interest Percent- 4. General Hospital invests $1,000,000. What is the Future Value compounded annually at 3% for three years? FV=

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