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    Exam 4: The Time Value of Money Part 2
  5. Question
    Solving for an Unknown Interest Rate Given the PV,FV,PMT,and N
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Solving for an Unknown Interest Rate Given the PV,FV,PMT,and N

Question 49

Question 49

True/False

Solving for an unknown interest rate given the PV,FV,PMT,and N is an iterative (or trial-and-error)process.

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