Question

Solve for the unknown interest rate in each of the following (Enter rounded answers as directed,...

Solve for the unknown interest rate in each of the following (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16)):

Present Value Years Interest Rate Future Value
  $ 785     4       %     $ 1,521     
    975     5       %       1,858     
    22,000     16       %       148,832     
    77,300     19       %       326,815     
 
0 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

Add a comment
Know the answer?
Add Answer to:
Solve for the unknown interest rate in each of the following (Enter rounded answers as directed,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT