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7. After investing some amount of money now for certain years you get 10,600 in future. If int. rate was 6%, you could earn 10,497
7. After investing some amount of money now for certain years you get 10,600 in future. If int. rate was 6%, you could earn 10,497 PV value; and if int. rate = 7%, you could earn 10,692 in future. What is the RoR (int %) you have got from this investment? TT2 A. 6.47, B. 6.53 C. 7.50 D. 5.53
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