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Business, 24.12.2019 05:31 lukeakalucas

Arich donor gives a hospital $100,000 one year from today. each year after that, the hospital will receive a payment 5% larger than the previous payment, with the last payment occurring in ten years' time. what is the present value (pv) of this donation, given that the interest rate is 9%?

a) $772,173.49
b) $585,987.27
c) $467,922.22
d) $779,843.27

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Answers: 2

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Arich donor gives a hospital $100,000 one year from today. each year after that, the hospital will r...
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