A person borrows 1000000 for 7 years at 3% p.a

A person borrows 1000000 for 7 years at 3% p.a. simple interest. He immediately lends it to another person at 5 % p.a. for 7 years. Find his gain in the transaction per year.

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #80436