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# 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.

%

 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. %

Dec 04 2019 View more View Less Get Solution