Question: The present value of a future amount was calculated to be R207,54 at a discount rate of 5% and the present value of the same

The present value of a future amount was calculated to be R207,54 at a discount rate of 5% and the present value of the same future amount was calculated to be R183,30 at a discount rate of 6%. Use extrapolation and calculate the discount rate that will achieve a present value of Fit 65,25. [Round your final answer to two decimal places] 1) 5,57% 2) 6,57% 3) 6,75% 4) 5,50% (1)
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