Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Solve for the unknown interest rate in each of the following: (Do not round intermediate
calculations. Enter your answers as a percent rounded to 2 decimal places, e.g.,
32.16.)
Present Value
Years
Interest Rate
Future Value
24
170
3
%
2$
196
290
17
732
32,000
18
124,723
31,261
20
226,140
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Transcribed Image Text:Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value 24 170 3 % 2$ 196 290 17 732 32,000 18 124,723 31,261 20 226,140 ( Prev 4 of 9 Next
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