# Another thrifty student has saved up $1400 working at City Beach. This person put the money into an account for 1 year, which generated$70 interest. What was the interest rate? how do i work out the interest rate?

###### Question:

Another thrifty student has saved up $1400 working at City Beach. This person put the money into an account for 1 year, which generated$70 interest. What was the interest rate?
how do i work out the interest rate?

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