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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 | |||||||||||
| $ | 740 | 7 | % | $ | 1,431 | |||||||||
| 930 | 8 | 1,768 | ||||||||||||
| 17,500 | 19 | 144,332 | ||||||||||||
| 72,800 | 22 | 317,815 | ||||||||||||
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Multinational Finance
Authors: Kirt Butler
2nd Edition
0324004508, 978-0324004502
