Question: Compute the interest rate if future value (FV) - 58,011, present value (FV) - $2,685, and number of years (0) - 6. (Do not round
Compute the interest rate if future value (FV) - 58,011, present value (FV) - $2,685, and number of years (0) - 6. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
