4. Calculating Interest Rates Solve for the unknown interest rate in each of the following: Present Value Years Interest Rate Future Value $ 715 24 1,381 905 12 1,718 15,000 26 141,832 70,300 15 312,815

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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629,381
4. Calculating Interest Rates Solve for the unknown interest rate in each of
the following:
LO 3
Present Value
Years
Interest Rate
Future Value
$
715
6.
1,381
905
12
1,718
15,000
26
141,832
70,300
15
312,815
Transcribed Image Text:629,381 4. Calculating Interest Rates Solve for the unknown interest rate in each of the following: LO 3 Present Value Years Interest Rate Future Value $ 715 6. 1,381 905 12 1,718 15,000 26 141,832 70,300 15 312,815
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