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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 | |||||||||||
$ | 800 | 7 | % | $ | 1,551 | |||||||||
990 | 8 | 1,888 | ||||||||||||
23,500 | 19 | 150,332 | ||||||||||||
78,800 | 22 | 329,815 |
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