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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 | |||||||||||
$ | 785 | 4 | % | $ | 1,521 | |||||||||
975 | 5 | 1,858 | ||||||||||||
22,000 | 16 | 148,832 | ||||||||||||
77,300 | 19 | 326,815 | ||||||||||||
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