question archive 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
Subject:FinancePrice:2.85 Bought3
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 | |||||||||||
| $ | 785 | 4 | % | $ | 1,521 | |||||||||
| 975 | 5 | % | 1,858 | |||||||||||
| 22,000 | 16 | % | 148,832 | |||||||||||
| 77,300 | 19 | % | 326,815 | |||||||||||
