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ganizat Introduction to the Financial Management of Healthcare or Effective Annual Interest Rate on Trade Credit Self Quiz Problem Assume that a hospital makes a

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ganizat Introduction to the Financial Management of Healthcare or Effective Annual Interest Rate on Trade Credit Self Quiz Problem Assume that a hospital makes a $150 purchase on the first day of the month and mu $5 late fee if it doesn't pay within the first 15 days. What is the annual interest rate if hospital pays on day 16? On day 30 tpay a the

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