Question: Please help me out. Thank you 9. Problem 5.12 (Effective Rate of Interest) :- ' Find the interest rates earned on each of the following.

Please help me out. Thank you

Please help me out. Thank you 9. Problem 5.12
9. Problem 5.12 (Effective Rate of Interest) :- ' Find the interest rates earned on each of the following. Round your answers to the nearest whoie number. a. You borrow $700 and promise to pay back $791 at the end of 1 year. f % b. You lend $700 and the borrower promises to pay you $791 at the end of 1 year. _____ DID . c. You borrow $62,000 and promise to pay back $262,027 at the end of 11 years. d. You borrow $18,000 and promise to make payments of $4,390.00 at the end of each year for 5 years. :10

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