Find the interest rates earned on each of the following. Round each answer to two decimal places. A. You borrow $700 and promise to pay back $728 at the end of 1 year. B. You lend $700 and the...


Find the interest rates earned on each of the following. Round each answer to two decimal places.


A. You borrow $700 and promise to pay back $728 at the end of 1 year.


B. You lend $700 and the borrower promises to pay you $728 at the end of 1 year.


C. You borrow $100,000 and promise to pay back $147,746 at the end of 8 years.


D. You borrow $12,000 and promise to make payments of $2,771.70 at the end of each year for 5 years.



Jun 03, 2022
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