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Do each of the calculations in the table TWICE.............once assuming annual compounding, and once assuming monthly compounding. LO3 4. Calculating Interest Rates Solve for the

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Do each of the calculations in the table TWICE.............once assuming annual compounding, and once assuming monthly compounding.

LO3 4. Calculating Interest Rates Solve for the unknown interest rate in each of the following: Present Value Years Interest Rate Future Value $ 715 9 $ 1,381 905 12 1,718 15,000 26 141,832 70,300 15 312,815

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