# Calculating interest rates

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Find the interest rate implied by the following combination of present and future values:

Present Value=400, Future Value=684, Years=11

Present Value=183, Future Value=249, Years=4

Present Value=300, Future Value=300, Years=7

Please show work. Thanks!

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##### Solution Summary

The solution explains how to calculate interest rates, given the present value, future value and the time period.

##### Solution Preview

You can solve these questions by getting the present value factor and then looking up the factor in the PVIF table under the given number of years.

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