Question
Solve for the unknown interest rate in each of the following ( Enter rounded answers as directed, but do not use rounded numbers in intermediate
| Solve for the unknown interest rate in each of the following (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16)): |
| Present Value | Years | Interest Rate | Future Value | |||||||||||
| $ | 715 | 9 | % | $ | 1,381 | |||||||||
| 905 | 6 | % | 1,718 | |||||||||||
| 15,000 | 21 | % | 141,832 | |||||||||||
| 70,300 | 18 | % | 312,815 | |||||||||||
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Globalization Gating And Risk Finance
Authors: Unurjargal Nyambuu, Charles S. Tapiero
1st Edition
1119252652, 978-1119252658
