The finance department of the hospital has distributed information for the next budget cycle that includes a projected 0.19 inflation factor in the cost of water
If the hospital spent $285,000 on water last year, the projected cost of water for this year would be $_______. Standard Text: Fill in the blank(s) with correct word
339,150
Rationale : To figure the cost of water for the coming year, take this year's cost and multiply it by the inflation factor plus 1.0. In this instance $225,000 × 1.19 = $339,150.
Global Rationale:
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