Question: please answer this question thank you Attempts: Keep the Highest: /4 6. Problem 5.12 (Effective Rate of Interest) eBook eBook Find the interest rates earned
please answer this question Attempts: Keep the Highest: /4 6. Problem 5.12 (Effective Rate of Interest) eBook eBook Find the interest rates earned on each of the following. Round your answers to the nearest whole number. a. You borrow $700 and promise to pay back $735 at the end of 1 year. 5 % b. You lend $700 and the borrower promises to pay you $735 at the end of 1 year. 5 % c. You borrow $94,000 and promise to pay back $221,648 at the end of 9 years. d. You borrow $15,000 and promise to make payments of $4.058.60 at the end of each year for 5 years. Grade It Now Save & Continue Continue without saving
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