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 $ 330 450 48,000 47,261 Years 4 18 19 25 Interest Rate % % % % Future Value $ 422 1,571 266,917 803,425

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
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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
$
330
450
48,000
47,261
Years
4
18
19
25
Interest Rate
%
%
%
%
Future Value
$
422
1,571
266,917
803,425
Transcribed Image Text: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 $ 330 450 48,000 47,261 Years 4 18 19 25 Interest Rate % % % % Future Value $ 422 1,571 266,917 803,425
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