Cost-based reimbursedment system-drg based payment system

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Reference no: EM131994105

1. What is the difference between cost-based reimbursedment system and the DRG based payment system that Medicare hass used in providing payments to hospital.

2. How long will it take $62,500 to grow to at least $75,000 with interest at 4.8% compounded monthly?

3. How long will it take a sum of money to double if interest is at 11% compounded semiannually?

4. You invest $8,000 on January 1, 2006 into an account that pays interest compounded quarterly. The balance in the account on January 1, 2009 was $9,425. Find the nominal interest rate. Giver your answer to the nearest 0.01%.

Reference no: EM131994105

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