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The interest paid on the sum yielding 3% 4 %5 % components of three consecutive wear respectively what is the average yield percent on the total sum invested?
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The interest paid on the sum yielding 3% 4 %5 % components of three co...



Calculation of Average Yield Percent
1. Given Information:
- Interest rates on three consecutive years: 3%, 4%, 5%
- We need to find the average yield percent on the total sum invested
2. Calculating the Average Yield Percent:
- Let's assume the total sum invested is $100
- Interest earned in the first year at 3% = $3
- Interest earned in the second year at 4% = $4
- Interest earned in the third year at 5% = $5
- Total interest earned in three years = $3 + $4 + $5 = $12
- Average yield percent = Total interest earned / Total sum invested * 100
- Average yield percent = $12 / $100 * 100 = 12%
3. Explanation:
- The average yield percent on the total sum invested is 12%
- This means that on average, for every $100 invested, $12 is earned as interest over the three-year period
- It is important to calculate the average yield percent to understand the overall return on investment over the given period

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The interest paid on the sum yielding 3% 4 %5 % components of three consecutive wear respectively what is the average yield percent on the total sum invested?
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