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Problem 5 - 1 5 Calculating the Interest Rate ( LO 2 ) Find the interest rate implied by the following combinations of present and

Problem

5 - 15

Calculating the Interest Rate

(

2)

Find the interest rate implied by the following combinations of present and future values.

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to

2

decimal places. Leave no cells blank

-

be certain to enter

" 0 "

wherever required.

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