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If a hospital received $7,500 in payments per year at the end of each year...

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Accounting

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, what would be the current value of these collection payments: a. At a 4 percent rate of return? b. At an 8 percent rate of return?

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