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Chapter 5-6 Find the interest rate implied by the following combinations of present and future values: (Leave no cells blank - be certain to enter
Chapter 5-6
Find the interest rate implied by the following combinations of present and future values: (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places) |
Present Value | Years | Future Value | Interest Rate | ||||||
$ | 320 | 11 | $ | 674 | % | ||||
143 | 4 | 209 | % | ||||||
220 | 7 | 220 | % | ||||||
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