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Find the interest rates earned on each of the following. Round your answers to the nearest whole number. You borrow $750 and promise to pay
Find the interest rates earned on each of the following. Round your answers to the nearest whole number.
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You borrow $750 and promise to pay back $780 at the end of 1 year.
=%?
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You lend $750 and the borrower promises to pay you $780 at the end of 1 year.
=%?
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You borrow $86,000 and promise to pay back $329,885 at the end of 11 years.
=%?
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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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