1. Solving for Rates What annual rate of return is implied on a $1,100 loan taken next year when $1,800 must be repaid in year 8?
9.09%
6.35%
7.29%
7.95%
2. Moving Cash Flows What is the value in year 17 of a $2,500 cash flow made in year 7 when the interest rates are 5.7 percent?
$3,925.00
$3,685.23
$6,415.27
$4,352.01