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3. Solve for the unknown interest rate in each of the following: Present Value Years Future Value $175 7 $317 $325 12 $1,080 $53,000 13
3. Solve for the unknown interest rate in each of the following:
Present Value | Years | Future Value |
$175 | 7 | $317 |
$325 | 12 | $1,080 |
$53,000 | 13 | $165,200 |
$32,300 | 30 | $685,000 |
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