Question
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and round your final answers to 2 decimal places.)
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and round your final answers to 2 decimal places.)
| Present Value | Years | Interest Rate | Future Value | ||
| $ | 330 | 4 | % | $ | 415 |
| 450 | 18 | % | 1,530 | ||
| 39,900 | 19 | % | 186,282 | ||
| 39,161 | 25 | % | 540,618 | ||
Solve for the unknown number of years in each of the following: (Do not round intermediate calculations and round your final answers to 2 decimal places.)
| Present Value | Years | Interest Rate | Future Value | |||||||
| $ | 580 | 7 | % | $ | 1,409 | |||||
| 830 | 9 | 1,841 | ||||||||
| 18,600 | 16 | 291,715 | ||||||||
| 21,700 | 14 | 432,258 | ||||||||
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Managerial Accounting For Decision Making
Authors: Seohee Park
1st Edition
B08HCQCN2G
