A =12522345V 5000Question tUsing the interest tabie, determine the nterest ate for the following loan scenario.Note rund of your answer to the nearest one decimal value without units (eo input 72 instead of 722 Sor input 15.6 instead of S15.59 etc).A=1252

Given: A=1252 Amount at year 0=5000 To find: rate of interest

Uing the interest table, detarmane the nerest ate for the fotowing loan scenario Nate nd off yiur answer to he nearest one decimal value without units (e,put 72 instead of 7 22 S or input 15.6 mstead of $15.59 etc).

Uing the interest table, detarmane the nerest ate for the fotowing loan scenario Nate nd off yiur answer to he nearest one decimal value without units (e,put 72 instead of 7 22 S or input 15.6 mstead of $15.59 etc).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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