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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
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 $763 at the end of 1 year. 9 % b. You lend $700 and the borrower promises to pay you $763 at the end of 1 year. 9% c. You borrow $95,000 and promise to pay back $283,669 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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