Respuesta :

Answer: 5.81%

Step-by-step explanation:

The interest rate should be 5.81%.

Given that,

  • The present value should be $1,400.
  • And, the future value be $2,500
  • The number of years should be 10 × 12 = 120 months
  • The monthly payment should be $0

Based on the above information, the rate of interest is 5.81%.

Therefore we can conclude that the interest rate should be 5.81%.

Learn more: brainly.com/question/14731228

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