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What the interest rates earned

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Question - What the interest rates earned on each of the following. Round your answers to the nearest whole number.

You borrow $700 and promise to pay back $728 at the end of 1 year.

You lend $700 and the borrower promises to pay you $728 at the end of 1 year.

You borrow $55,000 and promise to pay back $120,585 at the end of 5 years.

You borrow $10,000 and promise to make payments of $2,504.60 at the end of each year for 5 years.

Reference no: EM132913266

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