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 calculations.
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 |
| $780 | 7 | $1,511 | |
| 970 | 8 | 1,848 | |
| 21500 | 19 | 148,332 | |
| 76800 | 22 | 325,815 |
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski PhD
3rd Edition
1567932320, 978-1567932324
