Question
A service contract for a video projection system costs $235 a year. You expect to use the system for six years. Instead of buying the
| A service contract for a video projection system costs $235 a year. You expect to use the system for six years. Instead of buying the service contract, what would be the future value of these annual amounts after six years if you earn 2 percent on your savings? Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) |
| Future value |
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
5th Edition
1119553849, 9781119553847
