Question: Problem 5-4 Calculating Interest Rates [LO3] Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers

Problem 5-4 Calculating Interest Rates [LO3]

Solve for the unknown interest rate in each of the following (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.):

Present Value			Years	Interest Rate	Future Value
	$	320	3	%	$	384
		440	17			1,411
		47,000	18			234,893
		46,261	20			438,339

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