Question: ANSWER FAST PLEASE Round each answer to two decimal places. Click here to read the eBook: Finding the Interest Rate, Click here to read the

ANSWER FAST PLEASE

Round each answer to two decimal places. ANSWER FAST PLEASE Round each answer to two decimal places. Click

Click here to read the eBook: Finding the Interest Rate, Click here to read the eBook: Comparing Interest Rates EFFECTIVE RATE OF INTEREST Find the interest rates earmed on each of the following. Round each answer to two decimal places a. You borrow $680 and promise to pay back $782 at the end of 1 year. 15 % b. You lend $680 and the borrower promises to pay you $782 at the end of 1 year. 15 19% C. You borrow $53,000 and promise to pay back $131,881 at the end of 5 years. 29.809 d. You borrow $10,000 and promise to make payments of $2,504.60 at the end of each year for 5 years 5.0 Hide Feedback Partially Correct

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