Question: 2 Using provided data, solve for interest rate. When calculating 1/N, round your answer to three decimal places. Round all other calculations to two

2 Using provided data, solve for interest rate. When calculating 1/N, round your answer to three decimal places. Round all other calculations to two

2 Using provided data, solve for interest rate. When calculating 1/N, round your answer to three decimal places. Round all other calculations to two decimal places. Use your rounded answer to calculate I/Y. Enter the annual interest rate as a percent. Do not enter the annual interest rate as a decimal and do not enter a percentage sign. Remember to enter your final answers into the facts box. PV: FV: Annual Interest Rate (96): L/Y (%): n: (Number of years) N: (Number of compounding periods) Compounded ( Facts $151,000 $889,632 60 Monthly

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