I am working on corporate finance and figuring out interest rates. The problem has some of the givens, I need to find the value of the unidentified given.
Other examples: 15% = R + [1.25 x (14% - R )]
16% = 9% + [1.10 x (k - 9%)]
15% = 10% + [b x (12.5% - 10%)]
The Interest Rate Formula, K = R + [ (1.25 X (14 - R)], and Solving for Unknown Variables are investigated. The solution is detailed and well presented.