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Find the interest rates earned on each of the following. Round your answers to the nearest whole number. a. You borrow $700 and promise to
Find the interest rates earned on each of the following. Round your answers to the nearest whole number. a. You borrow $700 and promise to pay back $791 at the end of 1 year. % b. You lend $700, and the borrower promises to pay you $791 at the end of 1 year. % c. You borrow $64,000 and promise to pay back $164,171 at the end of 6 years. % d. You borrow $12,000 and promise to make payments of $2,771.70 at the end of each year for 5 years. %
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