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Find the interest rates earned on each of the following. Round your answers to the nearest whole number.
a. You borrow $710 and promise to pay back $781 at the end of 1 year.
b. You lend $710 and the borrower promises to pay you $781 at the end of 1 year.
c. You borrow $88,000 and promise to pay back $550,376 at the end of 15 years.
d. You borrow $16,000 and promise to make payments of $5,001.00 at the end of each year for 5 years.
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