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    mickey994's Avatar
    mickey994 Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 29, 2012, 07:01 PM
    Calculating Interest Rates - solve for the unknown
    Calculating interest rate:

    PV Years Int. Rate Future Value
    $242 2 ? $307
    410 9 896
    51,700 15 162,181
    18,750 30 483,500
    ArcSine's Avatar
    ArcSine Posts: 969, Reputation: 106
    Senior Member
     
    #2

    Apr 30, 2012, 04:03 AM
    For a given single Future value, Present value, and number of years, the annually-compounded rate is given in decimal form by


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