Question: Can you help me find the answer and solution for this question? EFFECTIVE RATE OF INTEREST. Find the interest rates earned on each of the

Can you help me find the answer and solution for this question?

question? EFFECTIVE RATE OF INTEREST. Find the interest rates earned on each

EFFECTIVE RATE OF INTEREST. Find the interest rates earned on each of the following: 1. You borrow $700 and promise to pay back $749 at the end of 1 year. 2. You lend $700 and the borrower promises to pay you $749 at the end of 1 year. 3. You borrow $85,000 and promise to pay back $201,229 at the end of 10 years. 4. You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years

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