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Interest rate or discount rate. Fill in the interest rate for the following table using one of the three methods below:
a. Use the interest rate formula, r=(FV/PV) ^1/n -1
b. Use the TVM keys from a calculator.
c. Use the TVM function in a spreadsheet
Present Value
Future Value
Number of Periods
Interest Rate
$ 465.16
$1,907.86
18
?
$17,198.07
$235,730.65
30
$34,428.78
$63,739.58
26
$27,764.91
$222,120.78
13
% (Round to two decimal places
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