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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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