What is the apr of this investment opportunity

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Question 1Suppose that you have the opportunity to invest $1100 at the end of each of the next 16 months. This investment promises to pay you $17,000 immediately after you make the last payment at the end of month 16. What is the APR of this investment opportunity? Enter your answer as a percent without the "%" sign. Round your final answer to two decimals.

Question 5 Suppose that you have the opportunity to invest $1200 at the end of each of the next 10 months. This investment promises to pay you $15,000 immediately after you make the last payment at the end of month 10. What is the EAR of this investment opportunity? Enter your answer as a percent without the "%" sign. Round your final answer to two decimals.

Reference no: EM133504553

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