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Interest rate or discount rate. Fill in the interest rate for the following table using one of the three methods below: a. Use the interest
Interest rate or discount rate. Fill in the interest rate for the following table using one of the three methods below:
a. Use the interest rate formula, r=(FV/PV) ^1/n -1
b. Use the TVM keys from a calculator.
c. Use the TVM function in a spreadsheet
Present Value | Future Value | Number of Periods | Interest Rate |
$ 465.16 | $1,907.86 | 18 | ? |
$17,198.07 | $235,730.65 | 30 | ? |
$34,428.78 | $63,739.58 | 26 | ? |
$27,764.91 | $222,120.78 | 13 | ? |
Present Value | Future Value | Number of Periods | Interest Rate |
$ 465.16 | $1,907.86 | 18 | % (Round to two decimal places |
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