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Find the interest rates earned on each of the following. Round your answers to the nearest whole number. You borrow $650 and promise to pay
Find the interest rates earned on each of the following. Round your answers to the nearest whole number.
You borrow $650 and promise to pay back $702 at the end of 1 year. __%
You lend $650, and the borrower promises to pay you $702 at the end of 1 year. __%
You borrow $94,000 and promise to pay back $189,068 at the end of 5 years. __%
You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years. __%
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