Lemma
MediumDecimals & percentages
GSM8K train #4810 · Arithmetic · Decimals & percentages

Jerry owes a loan shark $200

Jerry owes a loan shark $200. The loan shark charges Jerry 10% interest compounded monthly. (This means that every month the loan shark adds Jerry's interest amount to his loan, and the next month Jerry has to pay 10% on the new total). If Jerry doesn't make any payments, how much (in dollars) does the loan shark charge in interest the second month?

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GSM8K — Grade School Math 8K (Cobbe et al., OpenAI, 2021) · train #4810

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