Solve for the unknown interest rate in each of the following

We will show you how to Solve for the unknown interest rate in each of the following in this blog post.

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How to Calculate the Unknown Interest Rate for a Present Value

Calculating the Number of Periods Solve for the unknown number of years in each of the following: Present Value Years Interest Rate $ 610 940 26,350 43,500 7% 8 9 11 Future Value $

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Solve for the unknown interest rate in each of the

100% (4 ratings) (i) Present value = $240 Future value = $297 Time = 4 years r = (FV/PV)1/n - 1 Where, r =Interest rate FV = Future value PV = Present value n = Time period . View the full