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View Full Version : Calculating Interest Rate


Precious13
Jul 15, 2007, 10:16 PM
Present Value Years Future Value Interest Rate

$400.00 11 $684.00 ?

$183.00 4 $249.00 ?

$300.00 7 $300.00 ?

mathstutions
Jul 16, 2007, 08:48 AM
Use the formula A = P ( 1+R/100)^n

Put A=684, P = 400 and n = 11yrs and calculate R.