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Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to
Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
| Present Value | Years | Interest Rate | Future Value | |||||||||||
| $ | 755 | 6 | % | $ | 1,461 | |||||||||
| 945 | 7 | 1,798 | ||||||||||||
| 19,000 | 18 | 145,832 | ||||||||||||
| 74,300 | 21 | 320,815 | ||||||||||||
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Return Distributions In Finance
Authors: Stephen Satchell, John Knight
1st Edition
0750647515, 978-0750647519
