Question
26.Carson City Hospital has just been informed that a private donor is willing to contribute $20 million per year at the beginning of each year
26.Carson City Hospital has just been informed that a private donor is willing to contribute $20 million per year at the beginning of each year for fifteen years. What is the current dollar value of this contribution if the discount rate is 7 percent?
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Financial Accounting And Reporting
Authors: John McKeith, Bill Collins
2nd Edition
0077138368, 978-0077138363
