At what rate will £420 yield£70 in 4 years

1 answer:

Bumek [7]2 years ago

6 0

Answer:

4.17%

Step-by-step explanation:

Rate = interest earned / (principal x time)

70 / (4 x 420) = = 0.0417 = 4.17%

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At what rate will £420 yield£70 in 4 years​