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Find the interest rates earned on each of the following. Round each answer to two decimal places. You borrow $750 and promise to pay back
Find the interest rates earned on each of the following. Round each answer to two decimal places.
You borrow $750 and promise to pay back $795 at the end of 1 year. % You lend $750 and the borrower promises to pay you $795 at the end of 1 year. % You borrow $71,000 and promise to pay back $309,809 at the end of 13 years. % You borrow $14,000 and promise to make payments of $3,693.20 at the end of each year for 5 years. %
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