Lemma
MediumMoney & interest
AQuA-RAT train #71101 · Arithmetic · Money & interest

An automobile financier claims to be lending money at simple interest, but…

An automobile financier claims to be lending money at simple interest, but he includesthe interest every six months for calculating the principal. If he is charging an interest of10%, the effective rate of interest becomes:

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AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #71101

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