The Ward County Hospital Center (WCHC) wants to buy a new mobile primary care |
van to use in screning residens in an underserved local neighborhood. The van will |
last for 5 years and costs $68,000. WCHC will pay for the acquisition and maintenance |
of the van partially from foundation grants and partially from recipts from the county |
health department. The county agreed to reimburse WCHC $15 fro each patient it |
screens using the new van. They expect to have 800 patients peer year with the van. It |
will cost $3,000 per year to maintain the vehicle, and includes all relevant costs. |
WCHC uses a discount rate of 5 percent. How much will WCHC need in foundation |
grants this year to make the purchase break-even financially? (Hint: what is the net |
present value of the costs of buying and operating the van over its lifetime, less the |
payments received from the county? Ar the payments from the county | |
sufficient? If not, how much must be raised in grants before the van is purchased?) The Ward County Hospital Center (WCHC) wants to buy a new mobile primary care | van to use in screning residens in an underserved local neighborhood. The van will | last for 5 years and costs $68,000. WCHC will pay for the acquisition and maintenance | of the van partially from foundation grants and partially from recipts from the county | health department. The county agreed to reimburse WCHC $15 fro each patient it | screens using the new van. They expect to have 800 patients peer year with the van. It | will cost $3,000 per year to maintain the vehicle, and includes all relevant costs. | WCHC uses a discount rate of 5 percent. How much will WCHC need in foundation | grants this year to make the purchase break-even financially? (Hint: what is the net | present value of the costs of buying and operating the van over its lifetime, less the | payments received from the county? Ar the payments from the county | | sufficient? If not, how much must be raised in grants before the van is purchased?) The Ward County Hospital Center (WCHC) wants to buy a new mobile primary care | van to use in screning residens in an underserved local neighborhood. The van will | last for 5 years and costs $68,000. WCHC will pay for the acquisition and maintenance | of the van partially from foundation grants and partially from recipts from the county | health department. The county agreed to reimburse WCHC $15 fro each patient it | screens using the new van. They expect to have 800 patients peer year with the van. It | will cost $3,000 per year to maintain the vehicle, and includes all relevant costs. | WCHC uses a discount rate of 5 percent. How much will WCHC need in foundation | grants this year to make the purchase break-even financially? (Hint: what is the net | present value of the costs of buying and operating the van over its lifetime, less the | payments received from the county? Ar the payments from the county | | sufficient? If not, how much must be raised in grants before the van is purchased?) | The Ward County Hospital Center (WCHC) wants to buy a new mobile primary care | van to use in screning residens in an underserved local neighborhood. The van will | last for 5 years and costs $68,000. WCHC will pay for the acquisition and maintenance | of the van partially from foundation grants and partially from recipts from the county | health department. The county agreed to reimburse WCHC $15 fro each patient it | screens using the new van. They expect to have 800 patients peer year with the van. It | will cost $3,000 per year to maintain the vehicle, and includes all relevant costs. | WCHC uses a discount rate of 5 percent. How much will WCHC need in foundation | grants this year to make the purchase break-even financially? (Hint: what is the net | present value of the costs of buying and operating the van over its lifetime, less the | payments received from the county? Ar the payments from the county | | sufficient? If not, how much must be raised in grants before the van is purchased?) | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | Time | | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Period | Start | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | xxx | | | |