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    Calculating Interest Rates with Present and Future Value

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    Calculate the interest rates for:
    a. PV=$250; FV=$307; t=3 years
    b. PV=$425; FV=$761; t=9 years
    c. PV=$25,000 FV=$136,771; t=15 years
    d. PV=$40,200; FV=$255,810; t=30 years

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    Solution Preview

    Calculate the interest rates for:
    a. PV=$250; FV=$307; t=3 years

    You can solve the interest rate by using the following ...

    Solution Summary

    This solution is comprised of a detailed explanation to calculate the interest rates for the problems given.

    $2.19

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