Problem

Calculating interest Rates. Solve for the unknown interest rate in each of the following:...

Calculating interest Rates. Solve for the unknown interest rate in each of the following:

Present Value

Years

Interest Rate

Future Value

$ 715

6

 

$ 1,381

905

7

 

1,718

15,000

18

 

141,832

70,300

21

 

312,815

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Solutions For Problems in Chapter 4