Project #48724 - Module 4 SLP

Foundation for this assignment

Pearland Medical Center has just borrowed $1,000,000 on a five-year loan with annual payment term at a 12 percent rate. The first payment will be due one year from now.

Task for this assignment

  1. Construct the amortization schedule for this loan.
  2. How do the interest payment, principal payment, and total payment change when a loan is amortized?
  3. After reading Franklin’s article Tight Capital Market’s Impact on Hospitals, discuss how the issues in the non-profit (tax-exempt) borrowing market in 2008 and 2009 encouraged consolidation in the health care industry through mergers and acquisitions. 

SLP Assignment Expectations

Assignment Expectations, in order to earn full credit:

Length: 3 - 4 pages, excluding title page and references.

Subject Mathematics
Due By (Pacific Time) 12/04/2014 12:00 am
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