Identify the interest rate you are being charged


Suppose you took a $1500 loan today and agreed to pay $500 in the year two, $500 in year four and $1500 in year six (final year). Identify the interest rate you are being charged per year using: i. Excel's IRR function ii. Excel's GOAL SEEK tool

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: Identify the interest rate you are being charged
Reference No:- TGS0872959

Expected delivery within 24 Hours