Calculate the interest rate implied (approx.), where PV=1000, n=5, FV=1436.
a. 5.6%
b. 6.2%
c. 7.5%
d. 9.2%
Calculate the interest rate implied (approx.
Calculate the interest rate implied (approx.), where PV=1000, n=5, FV=1436.
a. 5.6%
b. 6.2%
c. 7.5%
d. 9.2%
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