Underwent an expensive operation

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1. What will be the current value of the collection payments if a hospital received $7,500 in payments per year at the end of each year for the next twelve years from an uninsured patient who underwent an expensive operation if the rates of return are 4% and 8%.

2. What will be the current value of the collection payments if a hospital received $15,000 in payments per year at the end of each year for the next 6 years from an uninsured patient who underwent an expensive operation if the rates of return are 3% and 6%.

Reference no: EM132558347

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