Today Hopewell Hospital lends its Home Health Care Center $938,510. The center expects to repay the loan in quarterly installments of $100,000 for three years, with the first payment starting one...

Today Hopewell Hospital lends its Home Health Care Center $938,510. The center expects to repay the loan in quarterly installments of $100,000 for three years, with the first payment starting one quarter from now. What annual interest rate is the hospital charging for this loan?

Darby Hospital is borrowing $81 million for its medical office building. The annual interest rate is 4 percent. What will be the equal annual payments on the loan if the length of the loan is four years and payments occur at the end of each year?