Then follow the instructions to complete this problem.
January 3, 2018
The effects of exercise on self-esteem, self-confidence, and positive self-talk;
January 3, 2018

a. Determine the interest rate for Warren if $2,500 is returned one year later.

Finance Basics

Warren has $2000 today. Using the Time Value of Money equations, not Excel functions, do the following using compound interest:

a. Determine the interest rate for Warren if $2,500 is returned one year later.

b. Determine the rate if $2,500 will be returned in 5 years?

 

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