A hospital just purchased upgraded software for the Electronic Medical Record surgical dashboard. The additional surgical dashboard application costs $4,000 now, and will require additional annual payments in years 2 through 8, with new monitors that will cost $10,000 in year 3 and 6. Use an interest rate of 12%, compounded annually. What is the present worth in year 0 of the payments and costs if the interest rate is 12% per year?
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- Erie General Hospital wants to purchase a new blood analyzing device today. Its local bank is willing to lend it the money to buy the device at a 2% monthly rate. The loan payments will start at the end of the month and will be $3,100 per month for the next 24 months. The purchase price of the device is___________.A hospital just purchased upgraded software for the Electronic Medical Record surgical dashboard. The additional surgical dashboard application costs $4,000 now, and will require additional annual payments in years 2 through 8 of $1,000, with new monitors that will cost $10,000 in year 3 and 6. Use an interest rate of 12%, compounded annually. Problem 17: For the hospital upgraded software, what is an Annual Series over the 8 year project? $4258 $1805 $4078 $21152The hospital is considering the purchase of imaging equipment worth $25,000 to improve its visual capture results, and improve outcomes. The operating costs will be reduced by $7,000 per year. The computer has an estimated life expectancy of 5 years, and an estimated salvage value of $5,000. What is the profitability index if the discount rate is 8%. Ignore reimbursement considerations.
- A hospital is consideving Purchasing a new medical dispensing Cabinet that will cost $200,000. It believes that this cabinet will reduce the amount of labor required to track and administer medications and will also result in fewer expired medicines. It estimates the medical dispensing cabinet will result in a savings of $30000 at the end of year one and that the Savings will increase by $5000 per year for each of the I years that the machine will be used. What is the IRR of this investment? If the hospitals is 12%, Should they inveot in this cabinet? MARRCooley Landscaping needs to borrow $25000 for a new front-end dirt loader. The bank is willing to loan the money at 8% interest for the next 6 years with annual, semiannual, quarterly, monthly or payments. What are the different payments that Cooley Landscaping could choose for these different payment plans?Your clinic is considering buying a two- module Genexpert System from Cepheid for TB testing. The cost for the equipment is $2,000 with a one-year warranty (replaced if any problem) Your clinic has a 10-year planning period, so it wants to be able to provide TB tests over the next 10 years. With a 10% discount rate, please estimate an annual equivalent cost for this equipment under the following scenario: You only buy the equipment (with one-year warranty) now (time 0). It lasts for slightly more than 1 year (1 day past the warranty period). You then have to buy another one (still $2,000) and it lasts for 3 years. Then buy another one and it lasts for 1 year (1 day past warranty), so you have to buy another one and it lasts for 2 years. And finally, you buy another one and it lasts for 3 years.
- In order to purchase a brand new set of living room furniture, you take out a loan from the bank at a rate of 4.5% per year compounded quarterly. Under the conditions of the loan, you are required to make payments of $206 per quarter for the next 3 years. If we want to determine the cash price of the furniture set (assuming it was equal to the loan amount), what are we solving for in the TVM Solver?A grocery store is considering the purchase of a new refrigeration unit with an Initial Investment of $412,000, and the store expects a return of $100,000 in year one, $72000 in years two and three, $65,000 in years four and five, and $38,000 in year six and beyond, what is the payback period?If a copy center is considering the purchase of a new copy machine with an initial investment cost of $150,000 and the center expects an annual net cash flow of $20,000 per year, what is the payback period?
- If a garden center is considering the purchase of a new tractor with an initial investment cost of $120,000, and the center expects a return of $30,000 in year one, $20,000 in years two and three. $15,000 In years four and five, and $10,000 in year six and beyond, what is the payback period?the hospital must decide whether or not to purchase new respirators. These respirators will help patients of covid – 19, and it will reduce the costs to patients at an estimated value of 100,000 Php. The prices of these 3 respirators are 500,000 Php for the first year, 550,000 Php for the second year, and 600,000 Php for the third year. If the interest rate for the acquisition of these respirators is 12%, determine the net present value for these respirators. Using the formula NPV=FV-OCWIt’s time to get a new laptop that is $2500. If you save up for it each month it will take one year in an account that earns 5% annual interest. (A)How much would you have to put aside each month to have enough for it? (B)What are the total acquisition costs of saving up for the laptop? use the PVPN AND NO EXCEL ANSWERS