Lemma
MediumMoney & interest
AQuA-RAT train #67420 · Arithmetic · Money & interest

Alan has split his savings equally into two accounts

Alan has split his savings equally into two accounts. The first one is a simple interest savings account with 22% annual interest and the other is a savings account with r% annual compound interest. If both accounts have the same balance after two years, what is the value of r?

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AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #67420

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