Question
Problem 5-4 Calculating Interest Rates [LO3] Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers
Problem 5-4 Calculating Interest Rates [LO3]
| Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): |
| Present Value | Years | Interest Rate | Future Value | |||||||
| $ | 260 | 3 | % | $ | 307 | |||||
| 380 | 17 | 1,107 | ||||||||
| 41,000 | 18 | 185,586 | ||||||||
| 40,261 | 20 | 342,595 | ||||||||
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
