Answers
9.
r = (2,000/750)1/20 - 1 = 5.03%
10.
Calculating r,
Using TVM Calculation,
I = [PV = 0, FV = 10,000, PMT = 100, N = 120]
I = 3.79%
11.
Calculating r,
I = [PV = 250,000, FV = 0, PMT = -1,000, N = 120]
I = 13.08%
12.
Calculating r,
I = [PV = -900, PMT = 250, FV = 950, N = 5]
I = 28.41%
.