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-   -   Present and future value (https://www.askmehelpdesk.com/showthread.php?t=169467)

  • Jan 6, 2008, 01:39 PM
    pattycake00
    present and future value
    1. If you have 7.00 now and 8.10 in 3 years what is the effective annual interest rate?


    2. If you have 9.00 now and 11.84 in 7 years what is the effective annual interest rate?


    Show how you got the formula as I am a little confused on this as my excel buttons will not work.

    Thank you
  • Jan 6, 2008, 01:40 PM
    pattycake00
    Show me how the formula is done

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