1. Describe the ways in which financial management, incentives, and objectives for healthcare organizations, especially not-for-profits, tend to differ from accounting in other industries. Specifically refer to assets, liabilities, equities, revenue, and expenses.
2. A $32000 new car loan is taken out with the terms 6% APR for 48 months. How much are monthly payments on this? loan?
3. Bank A offers a nominal annual interest rate of 7% compounded daily while Bank B offers continuous compounding at a 6.9% nominal annual rate. If you deposit $1,000 with each bank, what will be the difference in the two bank account balances after two years?