Question
Choice 1: Payments of $ 2650 now, $ 3000 a year from now, and $ 3390 two years from now. Choice 2: Three yearly payments
Choice 1: Payments of $ 2650 now, $ 3000 a year from now, and $ 3390 two years from now. Choice 2: Three yearly payments of $ 3000 starting now. Modification: Interest is compounded continuously instead of annually. What is the interest rate that would make both choices equally lucrative? %
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Compliance Audits And Plans For Healthcare
Authors: Cherilyn G. Murer, Michael A. Murer, Lyndean Lenhoff Brick, Healthcare Financial Management Association (U. S.)
1st Edition
0070444625, 978-0070444621
