Solve for the unknown interest rate in each of the following: Interest Rate Future Value Presnt Value

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Solve for the unknown interest rate in each of the following:

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Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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Question Posted: Apr 24, 2012 07:07 AM

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Solve for the unknown interest rate in each of the following: Interest Rate Future Value Presnt Value

Question:

Interest Rate Future Value Presént Value $ 221 25,000 Years $ 307 905 143,625 255,810 425 18 21 40.200

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To answer this question we can use either the FV or the PV formula Both will give the same ans...View the full answer

Essentials Of Corporate Finance

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