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Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2
| Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): |
| Present Value | Years | Interest Rate | Future Value | |||||||
| $ | 310 | 5 | % | $ | 418 | |||||
| 430 | 19 | 1,553 | ||||||||
| 46,000 | 20 | 269,914 | ||||||||
| 45,261 | 30 | 1,285,194 | ||||||||
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Financial Management For Decision Makers
Authors: Peter Atrill
8th Edition
129213433X, 978-1292134338
