Question
Find the interest rate implied by the following combinations of present and future values: (Leave no cells blank - be certain to enter 0 wherever
| 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 | ||||||
| $ | 410 | 12 | $ | 825 | % ? | ||||
| 188 | 5 | 289 | % ? | ||||||
| 310 | 8 | 310 | % ? | ||||||
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
