Lemma
MediumMoney & interest
AQuA-RAT test #188 · Arithmetic · Money & interest

A merchant receives an invoice for a motor boat for $20 000…

A merchant receives an invoice for a motor boat for $20 000 with terms 4/30, n/100. What is the highest simple interest rate at which he can afford to borrow money in order to take advantage of the discount?

~8 minAnswer checked instantly

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · test #188

Stuck? A gentle nudge

No hints for this one.

Something off?
Workspace
Your answer

Checked against the answer in AQuA-RAT.