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    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!

    © BrainMass Inc. brainmass.com March 4, 2021, 6:22 pm ad1c9bdddf
    https://brainmass.com/business/interest-rates/interest-rates-present-future-value-time-period-42209

    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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    Solution Summary

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

    $2.49

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