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eBook Find the interest rates earned on each of the following. Round your answers to the nearest whole number . You borrow $700 and promise
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 $742 at the end of 1 year
. % You lend $700 and the borrower promises to pay you $742 at the end of 1 year.
% You borrow $87,000 and promise to pay back $215,409 at the end of 8 years.
% You borrow $11,000 and promise to make payments of $3,359.50 at the end of each year for 5 years
. %
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