Math, asked by CFleming6075, 1 year ago

a person borrows a sum of $5000 for a period of 2 years at a rate of 4% per annum. he immediately lends it to another person at 6.25% per annum for 2 years. what is his gain in the transaction per year?

Answers

Answered by divnendrasingh

0

it's 2.25% gain on the principal. it's simple interest and work like this

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