Finance

Omega Health Foundation is considering buying personal computers to install in each patient’s room. The cost of the investment will be $1,400,000. It is expected that the technology will reduce nursing cost by $200,000 per year for the next seven years. If your discount rate is 10 percent, what is the profitability index of the investment?

  1. 👍 0
  2. 👎 0
  3. 👁 119
  1. Try page 333 #6

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. precalculus, complex numbers

    Let $\omega$ be a complex number such that $\omega^7 = 1$ and $\omega \neq 1$. Let $\alpha = \omega + \omega^2 + \omega^4$ and $\beta = \omega^3 + \omega^5 + \omega^6$. Then $\alpha$ and $\beta$ are roots of the quadratic \[x^2 +

    asked by Bobby on February 22, 2017
  2. Math

    Im having trouble getting the correct answer to this question. Could someone help out. Monthly sales of a particular personal computer are expected to decline at the following rate of S'(t) computers per month, where t is time in

    asked by Anonymous on April 28, 2011
  3. Project Mangament

    I am doing on a project on Building Home Depot. how would I go to found the cost, construction engineer, roofing contractor, plumbing contractor, HVAC contractor, steel erection and electric contractor. Install temporary power,set

    asked by jimmy on February 26, 2015
  4. geometry

    it cost $350 to carpet an 8ft. by 10 ft room. at this rate, how many dollars would it cost to put the same carpeting in a 24 ft. by 30 ft. room?

    asked by cate on March 29, 2012
  1. Information Systems

    Problem #2 from page 173 Given the following business scenario, create a Crow’s Foot ERD using a specialization hierarchy if appropriate. Tiny Hospital keeps information on patients and hospital rooms. The system assigns each

    asked by Justin on February 25, 2013
  2. Marketing (Help Check)

    24.Which of the following is characteristic of the organizational buying process? A)Multiple parties participate in purchase decisions. B)Negotiation between buyers and sellers is commonplace. C)Online buying over the Internet is

    asked by Bryan on November 8, 2009
  3. Introduction to computers

    Which of the selections below is not a benefit of imaging the computers on your network? A. It saves the time of having to install the required computer applications. B. It saves the time of having to install the desired operating

    asked by Lisette on November 7, 2013
  4. math help

    Universal instruments found that the monthly demand for its new line of Galaxy Home Computers t months after placing the line on the market was given by D(t) = 2900 − 2300e−0.08t (t > 0) Graph this function and answer the

    asked by Ellen on July 20, 2012
  1. Computer

    How much was the first computer? Cost of the first computer? You have to be more specific. The first digital computer? The first electric analog computer? The first "personal" computer (PET)? The first mechanical analog computer?

    asked by fgsaf on June 16, 2005
  2. database management

    2. Given the following business scenario, create a Crow’s Foot ERD using a specialization hierarchy if appropriate. Tiny Hospital keeps information on patients and hospital rooms. The system assigns each patient a patient ID

    asked by Maureen on May 18, 2012
  3. Health and Human Services

    Please check my answers thank you. Do you believe individuals in the U.S. are getting enough “value” out of healthcare spending? Explain your answer. Do you believe the amount of money spent on healthcare impacted the

    asked by Lu on November 12, 2019
  4. math

    Omega System Services, a member of the Omega Health Foundation operates a free-standing ambulatory care center that averages $60 in charges per patient. Variable costs are approximately $10 per patient, and fixed costs are about

    asked by Luke on August 25, 2011

You can view more similar questions or ask a new question.