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Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.How much money do they need to invest

Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.How much money do they need to invest each year to have $6 million in fifteen years?

If the expected rate of return on the investment is 12%, and the hospital invests at the end of each year?

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