1) In each case find the rate of interest as indicated. a) Find & given i-7.25% b) Find i given -4.75% c) Find given -6.9% d) Find & given d²)=15.5% e) Find 52.75 given 7% simple discount

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section: Chapter Questions
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1) In each case find the rate of interest as indicated.
a) Find & given i-7.25%
b) Find i given -4.75%
c) Find given -6.9%
d) Find & given d²)=15.5%
e) Find 52.75 given 7% simple discount
Transcribed Image Text:1) In each case find the rate of interest as indicated. a) Find & given i-7.25% b) Find i given -4.75% c) Find given -6.9% d) Find & given d²)=15.5% e) Find 52.75 given 7% simple discount
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