Q.29 How much investment is required to yield an annual income of Rs.420 at the rate of 7%
p.a. by simple interest?
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How much investment is required to yield an Annual income of Rs.420 at 7% p.a. Simple interest. a). Rs.6,000. b). Rs.6,420. c). Rs.5,580. d) ... Can you explain this answer? Related Test: Test: Simple And Compound Interest Including Annuity - 2 ... Answer to Question. Deepak Hegde answered Aug 29, 2020. Upvote.
Missing: Q. rate
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