janobiah
janobiah janobiah
  • 12-11-2016
  • Mathematics
contestada

A table factor of .7312 from a present value table of $1 means that a certain rate of interest for a certain period of time will equal:

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FallOutBlink
FallOutBlink FallOutBlink
  • 12-11-2016
1/(1+r)= 0.7312
= 1 + r= 1/0.7312
= r = 1/0.7312 - 1

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