Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value $ 775 965 21,000 76,300 Years 6 7 18 21 Interest Rate Future Value 1,501 1,838 % $ 147,832 324,815

Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value $ 775 965 21,000 76,300 Years 6 7 18 21 Interest Rate Future Value 1,501 1,838 % $ 147,832 324,815

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Solve for the unknown interest rate in each of the following: (Do not round intermediate
calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,
32.16.)
Present Value
S
775
965
21,000
76,300
Years
6
7
18
21
Interest Rate
%
Future Value
$
1,501
1,838
147,832
324,815

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