Question
Find the interest rate implied by the following combinations of present and future values: Present Value Years Future Value Interest % ----------------------------------------------------------- $320 11 674
Find the interest rate implied by the following combinations of present and future values:
Present Value Years Future Value Interest %
-----------------------------------------------------------
$320 11 674 ?%
$143 4 209 ?%
$220 7 220 ?%
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
