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6. Problem 5.12 (Effective Rate of Interest) Hog eBook Find the interest rates earned on each of the following. Round your answers to the nearest

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6. Problem 5.12 (Effective Rate of Interest) Hog eBook Find the interest rates earned on each of the following. Round your answers to the nearest whole number You borrow $700 and promise to pay back $749 at the end of 1 year b. You lend $700 and the borrower promises to pay you $749 at the end of 1 year c. You borrow $73,000 and promise to pay back $253,935 at the end of 11 years, GAGE day! d. You borrow $16,000 and promise to make payments of $5,001.00 at the end of each year for 5 years

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