Lemma
MediumDecimals & percentages
AQuA-RAT train #17165 · Arithmetic · Decimals & percentages

Peter takes a loan of …100,000 with 12% annual interest, compounding monthly…

Peter takes a loan of $100,000 with 12% annual interest: the interest is paid once, at the end of the year. Martha takes a loan of $100,000 with 12% annual interest, compounding monthly at the end of each month. At the end of one full year, compared to Peter's loan interest, approximately how much more does Martha have to repay?

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AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #17165

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