6 The Chicago Hope Hospital purchased an MRI machine for 12 million dollars, using a...
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6 The Chicago Hope Hospital purchased an MRI machine for 12 million dollars, using a 6-year loan at 8% interest rate. 112 115 Question: What will be the annual payment for the machine? (Just number, no other signs such as "$" or ".round to an integer, no decimal point) A Question: The price of the MRI machine (12 million) is rising at a fixed rate of 2% each year. How much would it cost to replace the MRI machine 6 years from now? (Just number, no other signs such as "$" or "round to an integer, no decimal point) A Question: If the salvage value of the machine is $100,000 six years from now. What is the present value of the salvage value of the MRI machine (use 7% as the discount rate)? (Just number, no other signs such as "$" or "round to an integer, no decimal point) 18 21

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