Home / Questions / ind the interest rates earned on each of the following. Round each answer to two decimal p
ind the interest rates earned on each of the following. Round each answer to two decimal places.
You borrow $700 and promise to pay back $770 at the end of 1 year.
%
You lend $700 and the borrower promises to pay you $770 at the end of 1 year.
%
You borrow $63,000 and promise to pay back $213,858 at the end of 10 years.
%
You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years.
%
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ind the interest rates earned on each of the following. Round each answer to two decimal places. You borrow $700 and promise to pay back $770 at the end of 1 year. % You lend $700 and the borrower promises to pay you $770 at the end of 1 year. % You borrow $63,000 and promise to pay back $213,858 at the end of 10 years. % You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years. % |
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