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    Precious13's Avatar
    Precious13 Posts: 2, Reputation: 1
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    #1

    Jul 15, 2007, 10:16 PM
    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 ?
    mathstutions's Avatar
    mathstutions Posts: 1, Reputation: 1
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    #2

    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.
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