r = (FV / PV)1/t – 1
r = ($317 / $181)1/5 – 1 = 0.1186 or 11.86%
r = ($1,080 / $335)1/17 – 1 = 0.0713 or 7.13%
r = ($185,382 / $48,000)1/13 – 1 = 0.1095 or 10.95%
r = ($531,618 / $40,353)1/30 – 1 = 0.0897, or 8.97%
Solve for the unknown interest rate in each of the following (Do not round intermediate calculations...
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) X Answer is complete but not entirely correct. Years Present Value 740 % Interest Rate 0.10 0.08 0.128 0.07 Future Value 1.431 1,768 144 332 317 815 17.500 72,800 < Prev 8 of 8
Present Value Years Interest Rat Future Value Equation $181 5 $317 $335 17 $1,080 $48,000 13 $185,382 $40,353 30 $531,618 Solve for the unknown interest rate in each of the following (round to 2 decimals)
Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Present Value Years Interest Rate Future Value $ 320 3 % $ 384 440 17 1,411 47,000 18 234,893 46,261 20 438,339
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Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate 735 ok 925 17,000 72,300 Future Value 1,421 1,758 143,832 316,815 18 ences
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value $ 160 4 % $ 192 280 18 733 31,000 19 128,034 30,261 25 350,964
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Years Interest Rate Present Value 715 905 $ 15,000 $ 70,300 Future Value 1,381 1.718 9 12 26 15 % % % % $ s $ S 141,832 312.815
Solve for the unknown interest rate in each of the following (Do'not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Present Value Years Interest Rate Future Value 140 160 260 17 625 29,000 18 107.503 28,261 20 193,610