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

    $400.00 11 $684.00 ?

    $183.00 4 $249.00 ?

    $300.00 7 $300.00 ?
  • Jul 16, 2007, 08:48 AM
    mathstutions
    Use the formula A = P ( 1+R/100)^n

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

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