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Find the interest rates earned on each of the following. Round each answer to two decimal places. You borrow $660 and promise to pay back
Find the interest rates earned on each of the following. Round each answer to two decimal places.
You borrow $660 and promise to pay back $726 at the end of 1 year
You lend $660 and the borrower promises to pay you $726 at the end of 1 year.
You borrow $57,000 and promise to pay back $415,393 at the end of 12 years.
You borrow $16,000 and promise to make payments of $5,001.00 at the end of each year for 5 years.
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