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An Investment Pays You $20,000 at the End of This

question 38

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An investment pays you $20,000 at the end of this year,and $10,000 at the end of each of the four following years.What is the present value (PV) of this investment,given that the interest rate is 4% per year?


Definitions:

Source-Oriented Medical Record

A medical record format organized by the source of documentation, such as laboratory, nursing, or physician findings, making it easier to locate specific types of information.

Data Fragmentation

The process or state wherein files are stored in noncontiguous sectors on a disk, leading to inefficient storage and retrieval.

Charting System

A system or process used in healthcare settings for the documentation of patient care and treatment in medical records.

Nursing Assistive Personnel (NAP)

Support staff in healthcare who assist nursing staff in providing care to patients but do not hold a nursing license.

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