Find the interest rate implied by the following combinations of present and future values: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) Present Value $470 218 370 Years 12 5 8 Future Value 752 306 370 Interest Rate % % %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Subject :- Account 

Find the interest rate implied by the following combinations of present and future values: (Do not round intermediate calculations.
Enter your answers as a percent rounded to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.)
Present
Value
$470
218
370
Years
12
5
8
Future
Value
752
306
370
Interest Rate
Transcribed Image Text:Find the interest rate implied by the following combinations of present and future values: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) Present Value $470 218 370 Years 12 5 8 Future Value 752 306 370 Interest Rate
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