You have been approved for a $70,000 loan toward the purchase of a new home at 12% interest. The mortgage is for 30 years. How much are the approximately annual payments of the loan?

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It is estimated that the approximate annual payment for a loan of $70,000 at 12% would be $8760. This is calculated by multiplying the principal amount of the loan ($70,000) by the monthly interest rate (1% or 0.01) and then dividing that figure by 1 minus the discount rate (1 – (1 / 120)) to arrive at a payment of $737 which when multiplied by 12 months yields an approximate annual payment of $8,760.ce.

1) Transform Care Delivery: The IOM Report recommends that nurses transform care delivery to meet the changing needs of patients in today’s health care system. The IOM Report recommends that nurses use innovative care models like patient-centered medical home, team-based healthcare, and interprofessional collaborative efforts. The program encourages nurses, through the use of evidence-based guidelines for practice and standard protocols for diagnosis and treatment, to decrease fragmentation within their practices. It has also led to better patient outcomes. There is improved communication and collaboration amongst health care professionals.

2) Enhance Education & Training: The IOM report emphasizes the need for nurses to have continuing education that is tailored to their individual learning goals while also remaining current with advances in technology and health sciences. It recommends incorporating lectures and simulations into the training program, as well as mentoring and teambuilding activities. The initiatives that have been implemented to improve retention of nurses by providing them with skillsets they need throughout their entire career, while also ensuring a safe and secure environment for the patients who receive care.

3) Strengthen Nursing Leadership: The IOM Report outlines how integral it is for nursing leaders to be active members within an organization’s structure who are able to make decisions regarding policy implementation or changes that could affect quality of care provided to patients. Additionally, it proposes creating strong teams comprised of both administrators/managers as well as clinicians so that they can work together collaboratively towards shared goals while ensuring everyone is on the same page regarding changes taking place within an organization’s practices or policies related directly or indirectly with nursing operations.

4) Increase Workforce Diversity: Nurses come from a variety of backgrounds – this diversity contributes greatly when working with patients from different cultures or speaking multiple languages – something which not all hospitals may fully benefit from due to lack of representation among its staff members. To increase workforce diversity, the report recommends instituting recruitment strategies targeting underrepresented populations; providing incentives for those willing relocate; increasing support services (i.e childcare); developing resources dedicated explicitly diversifying workforce; providing training on cultural sensitivity among staff members etc… All these strategies will allow organizations better attract diverse talent which ultimately leads improved access/quality healthcare services being delivered across entire communities served by hospitals/clinics.