Question: I need help with these problems (Related to Checkpoint 5.6) (Solving for ) You lend a friend $15,000, for which your friend will repay you

I need help with these problems

(Related to Checkpoint 5.6) (Solving for ) You lend a friend $15,000, for which your friend will repay you $71,526 at the end of 7 years. What interest rate are you charging your "friend"? Cm The interest rate you are charging your friend on the loan is%. (Round to the nearest whole percent.) (Related to Checkpoint 5.4) (Present-value comparison) You are offered $110,000 today or $340,000 in 13 years. Assuming that you can earn 12 percent on your money, which should you choose? EXCES If you are offered $340,000 in 13 years and you can earn 12 percent on your money, what is the present value of $340,000? $(Round to the nearest cent.) Which offer should you choose? (Select the best choice below) A. Choose $340,000 in 13 years because its present value is higher B. Choose $110,000 today because its present value is higher

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