GRE Official Guide Question Directory

It is currently 27 Jun 2022, 04:39

GRE Prep Club Tests

Decision Tracker

My Rewards

New comers' posts

New posts

Unanswered

GRE Prep Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GRE score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Go to My Error Log Learn more

Request Expert Reply

Confirm Cancel

Jun 27
Explore truly Personalized GRE Prep (Free trial)
06:30 AM PDT
-
08:30 AM PDT
Targeting a 330+? Try out the most methodical and personalized GRE prep course that uses adaptive learning technology to help you prepare effectively.
Jun 28
Packaging Your Story into a compelling MBA application | Application Essays, Resume
08:30 AM PDT
-
09:30 AM PDT
It is time to get started Packaging Your Story into a compelling MBA application! Personal MBA Coach Founder, Scott Edinburgh will guide you through developing your MBA resume, selecting and preparing your recommenders and writing winning MBA essays.
Jun 30
How to get a strong letter of recommendation | MBA Recommendation Letter
08:30 AM PDT
-
09:30 AM PDT
Learn everything about MBA letter of recommendation, Do’s and Don’ts of the recommendation letters, how to choose your recommenders, etc.
Jun 30
Learn About TTP's Elite, One-On-One Online Tutoring
08:00 PM PDT
-
09:00 PM PDT
Target Test Prep Expert Tutors know how to handle every aspect of the GRE. Ready to get started? Schedule a free consulting call today!
Jul 01
Greenlight Test Prep Free Content
06:00 PM PDT
-
09:00 PM PDT
Free Content Regardless of whether you choose to study with Greenlight Test Prep, I believe you'll benefit from my many free resources.

PREVIOUS TOPIC

NEXT TOPIC

The total value of 100 dollars after it is invested for m

Tags :

Show Tags

Hide Tags

sandy

Retired Moderator

Joined: 07 Jun 2014

Posts: 4805

GRE 1: Q167 V156

WE:Business Development (Energy and Utilities)

The total value of 100 dollars after it is invested for m [#permalink]

28 Dec 2016, 15:15

Expert Reply

Bookmarks

00:00

Question Stats:

38% (01:31) correct

61% (01:04) wrong

based on 67 sessions

Hide Show timer Statistics

Quantity A	Quantity B
The total value of 100 dollars after it is invested for m months at 8 percent simple annual interest	$100(1+\frac{0.08}{m}) dollars$

A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.

Drill 2
Question: 14
Page: 317

Show Answer

Official Answer

Official Answer and Stats are available only to registered users. Register/Login.

_________________

Sandy
If you found this post useful, please let me know by pressing the Kudos Button

Try our free Online GRE Test

Signature Read More

sandy

Retired Moderator

Joined: 07 Jun 2014

Posts: 4805

GRE 1: Q167 V156

WE:Business Development (Energy and Utilities)

Re: The total value of 100 dollars after it is invested for m [#permalink]

28 Dec 2016, 15:36

Expert Reply

Explanation

Plug in values for m. When m = 1, Quantity B is larger. When m = 12, Quantity A is larger.

Hence option A is correct.
_________________

Sandy
If you found this post useful, please let me know by pressing the Kudos Button

Try our free Online GRE Test

Signature Read More

shikha0611

Intern

Joined: 07 Aug 2016

Posts: 16

Re: The total value of 100 dollars after it is invested for m [#permalink]

11 Jan 2017, 10:47

Hi sandy, can you state equation for Quantity A? . Thanks

sandy

Retired Moderator

Joined: 07 Jun 2014

Posts: 4805

GRE 1: Q167 V156

WE:Business Development (Energy and Utilities)

Re: The total value of 100 dollars after it is invested for m [#permalink]

11 Jan 2017, 14:13

Expert Reply

Bookmarks

shikha0611 wrote:

Hi sandy, can you state equation for Quantity A? . Thanks

Hi shikha0611,

The total value of 100 dollars after it is invested for m months at 8 percent simple annual interest=$\$100(1+\frac{0.08}{12}*m)$

The Quantity B is = $\$100(1+\frac{0.08}{m})$

Regards
_________________

Sandy
If you found this post useful, please let me know by pressing the Kudos Button

Try our free Online GRE Test

Signature Read More

shikha0611

Intern

Joined: 07 Aug 2016

Posts: 16

Re: The total value of 100 dollars after it is invested for m [#permalink]

11 Jan 2017, 20:59

Thanks Sandy

kimweed

Intern

Joined: 27 Sep 2017

Posts: 1

Re: The total value of 100 dollars after it is invested for m [#permalink]

11 Oct 2017, 08:51

sandy wrote:

Explanation

Plug in values for m. When m = 1, Quantity B is larger. When m = 12, Quantity A is larger.

Hence option A is correct.

Don't you mean option D?

pranab223

Retired Moderator

Joined: 20 Apr 2016

Posts: 1307

WE:Engineering (Energy and Utilities)

Re: The total value of 100 dollars after it is invested for m [#permalink]

11 Oct 2017, 21:36

kimweed wrote:

sandy wrote:

Explanation

Plug in values for m. When m = 1, Quantity B is larger. When m = 12, Quantity A is larger.

Hence option A is correct.

Don't you mean option D?

YES it is option D .
_________________

If you found this post useful, please let me know by pressing the Kudos Button

Rules for Posting

Got 20 Kudos? You can get Free GRE Prep Club Tests

GRE Prep Club Members of the Month:TOP 10 members of the month with highest kudos receive access to 3 months GRE Prep Club tests

Signature Read More

bumpbot

CEO

Joined: 07 Jan 2021

Posts: 2877

Re: The total value of 100 dollars after it is invested for m [#permalink]

08 Jul 2021, 07:14

Hello from the GRE Prep Club BumpBot!

Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.