Question: How to solve using BA II Plus finacial calculator (a) What interest rate (as a percent) is the bank advertising (what is the rate of

How to solve using BA II Plus finacial calculator (a) What interest

How to solve using BA II Plus finacial calculator

(a) What interest rate (as a percent) is the bank advertising (what is the rate of return of this investment)? (Round your answer to two decimal places.) % (b) What is the interest rate (as a percent) if the first payments started two years after the deposit is made? (Round your answer to two decimal places.) %

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