In: Finance
Find the interest rates earned on each of the following. Round each answer to two decimal places. You borrow $750 and promise to pay back $795 at the end of 1 year. % You lend $750 and the borrower promises to pay you $795 at the end of 1 year. % You borrow $71,000 and promise to pay back $467,185 at the end of 12 years. % You borrow $14,000 and promise to make payments of $3,693.20 at the end of each year for 5 years.