1. Another New Zombie Bank has just issued 180-day bank bills with a face value of $8,000,000. If the current 180-day bill rate is 4.6% p.a., what is the current value of these bank bills? Enter your answer to the nearest dollar.
2. A department in a hospital has fixed costs of $320,000 and variable costs of $200,000. If volume increases the variable costs will: