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John K. Davis | Conscientious Refusal and a Doctor's Right to Quit
Davis argues that doctors have a right to conscientious refusal to treat a patient as long as they do not make the patient worse off than he or she would have been had they not gone to the doctor in the first place. This refusal is justified by the restitution approach, which further settles a number of moral controversies that can arise from an "ethics of quitting."
-The restitution approach provides a framework for understanding an ethics of
Future Value
The value of a current asset at a specified date in the future based on an assumed rate of growth.
Compounded Annually
A method of calculating interest in which the interest is added to the principal at the end of each year, then new interest is calculated on the total for the next period.
Present Value
The now-value of a prospective sum of money or cash flow sequence, according to a certain rate of return.
Rate of Return
The financial outcome, either positive or negative, of an investment within a set period, delineated as a proportion of the investment’s initial outlay.
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