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Q3: Calculating Interest Rates: Solve for the unknown interest rate in each of the following: Present Value $ 181 335 48,000 40,353 Years Interest Rate Future Value 5 17 13 30 11.86% $ 317 1,080 185,382 531,618

Q3: Calculating Interest Rates: Solve for the unknown interest rate in each of the following: Present Value $ 181 335 48,000 40,353 Years Interest Rate Future Value 5 17 13 30 11.86% $ 317 1,080 185,382 531,618

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Show all work to figure out the interest rates. Don’t use Excel write it out on your own. 
Q3: Calculating Interest Rates:Solve for the unknown interest rate in each of the following: Present Value $ 181 335 48,000 40,353 Years Interest Rate 5 17 13 30 11.86% Future Value $ 317 1,080 185,382 531,618
Transcribed Image Text:Q3: Calculating Interest Rates:Solve for the unknown interest rate in each of the following: Present Value $ 181 335 48,000 40,353 Years Interest Rate 5 17 13 30 11.86% Future Value $ 317 1,080 185,382 531,618
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