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Financial Management in Health Care Organizations

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$5,000 compounded semiannually at 6% for 5 years

  • Financial Management in Health Care Organizations - ,

    p:5000 R:6% or 0.06 n:2 t:5 A:?
    nt:10 r= 6%/2=3%
    A=5000(1+0.03)^10= $6,719.58 (THIS AMOUNT IS UR BALANCE AFTER INTEREST IF YOU WANT TO GET THE INTEREST AMOUNT THIS IS THE ANSWER: 6719.58-5000= $1719.58 )

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