Find all School-related info fast with the new School-Specific MBA Forum

It is currently 29 Jul 2015, 18:04
GMAT Club Tests

Close

GMAT 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 GMAT 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.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Compound Interest Problems

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Expert Post
2 KUDOS received
Math Expert
User avatar
Joined: 02 Sep 2009
Posts: 28763
Followers: 4583

Kudos [?]: 47262 [2] , given: 7116

Compound Interest Problems [#permalink] New post 28 Jul 2014, 13:57
2
This post received
KUDOS
Expert's post
19
This post was
BOOKMARKED

Compound Interest Problems


!
This post is a part of the Special Questions Directory focusing on Quant topics traditionally neglected and not covered by conventional sources but still tested on the GMAT. Many of these are above average difficulty questions

Compound interest questions are quite often for the test. Many of them involve quite ugly numbers and tedious math, which should be an indication that they can be solved with a shortcut approach or approximation.

PS:


alex-deposited-x-dollars-into-a-new-account-126459.html
peter-invests-100-000-in-an-account-that-pays-167793.html
if-1-000-was-invested-at-an-annual-interest-rate-of-64739.html
on-the-first-of-the-year-james-invested-x-dollars-at-128825.html
10-000-is-deposited-in-a-certain-account-that-pays-r-65464.html
jolene-entered-an-18-month-investment-contract-that-127308.html
louie-takes-out-a-three-month-loan-of-1000-the-lender-101506.html
michelle-deposited-a-certain-sum-of-money-in-a-savings-138273.html
alan-has-split-his-savings-equally-into-two-accounts-the-174445.html
leona-bought-a-1-year-10-000-certificate-of-deposit-that-143742.html
donald-plans-to-invest-x-dollars-in-a-savings-account-that-82702.html
a-sum-of-3310-is-to-be-paid-back-in-3-equal-installments-151366.html
diana-invested-61-293-in-an-account-with-a-fixed-annual-168637.html
on-a-certain-day-tim-invested-1-000-at-10-percent-annual-117437.html
jim-needs-1-000-to-buy-a-new-flat-screen-tv-since-he-has-159412.html
julie-put-half-of-her-savings-in-a-savings-account-that-pays-174262.html
shawn-invested-one-half-of-his-savings-in-a-bond-that-paid-s-37333.html
john-deposited-10-000-to-open-a-new-savings-account-that-135825.html
marcus-deposited-8-000-to-open-a-new-savings-account-that-128395.html
an-amount-is-deposited-into-an-account-accruing-interest-ann-141389.html
a-bank-offers-an-interest-of-5-per-annum-compounded-annua-154203.html
if-money-is-invested-at-r-percent-interest-compounded-annua-144266.html
a-sum-of-money-doubles-itself-at-a-compound-interest-in-15-y-167196.html
if-money-is-invested-at-r-percent-interest-compounded-annual-104225.html
an-investment-of-1000-was-made-in-a-certain-account-and-ear-142993.html
the-difference-between-simple-interest-and-compound-interest-of-a-198898.html

DS:


if-a-loan-of-p-dollars-at-an-interest-rate-of-r-percent-161402.html
on-may-1-of-last-year-jasmin-invested-x-dollars-in-a-new-133937.html
at-the-beginning-of-january-2003-elizabeth-invested-money-in-an-accou-194353.html


_________________

NEW TO MATH FORUM? PLEASE READ THIS: ALL YOU NEED FOR QUANT!!!

PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory; 7. Remainders; 8. Overlapping Sets; 9. PDF of Math Book; 10. Remainders; 11. GMAT Prep Software Analysis ; 12. SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) ; 12. Tricky questions from previous years.

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
25 extra-hard Quant Tests

GMAT Club Premium Membership - big benefits and savings

Kaplan Promo CodeKnewton GMAT Discount CodesGMAT Pill GMAT Discount Codes
Manager
Manager
User avatar
Joined: 06 Mar 2014
Posts: 240
Location: India
GMAT Date: 04-30-2015
Followers: 0

Kudos [?]: 12 [0], given: 76

Reviews Badge CAT Tests
Re: Compound Interest Problems [#permalink] New post 19 Sep 2014, 01:36
Bunuel wrote:

Compound Interest Problems


!
This post is a part of the Special Questions Directory focusing on Quant topics traditionally neglected and not covered by conventional sources but still tested on the GMAT. Many of these are above average difficulty questions

Compound interest questions are quite often for the test. Many of them involve quite ugly numbers and tedious math, which should be an indication that they can be solved with a shortcut approach or approximation.

PS:


alex-deposited-x-dollars-into-a-new-account-126459.html
peter-invests-100-000-in-an-account-that-pays-167793.html
if-1-000-was-invested-at-an-annual-interest-rate-of-64739.html
on-the-first-of-the-year-james-invested-x-dollars-at-128825.html
10-000-is-deposited-in-a-certain-account-that-pays-r-65464.html
jolene-entered-an-18-month-investment-contract-that-127308.html
louie-takes-out-a-three-month-loan-of-1000-the-lender-101506.html
michelle-deposited-a-certain-sum-of-money-in-a-savings-138273.html
alan-has-split-his-savings-equally-into-two-accounts-the-174445.html
leona-bought-a-1-year-10-000-certificate-of-deposit-that-143742.html
donald-plans-to-invest-x-dollars-in-a-savings-account-that-82702.html
a-sum-of-3310-is-to-be-paid-back-in-3-equal-installments-151366.html
diana-invested-61-293-in-an-account-with-a-fixed-annual-168637.html
on-a-certain-day-tim-invested-1-000-at-10-percent-annual-117437.html
jim-needs-1-000-to-buy-a-new-flat-screen-tv-since-he-has-159412.html
julie-put-half-of-her-savings-in-a-savings-account-that-pays-174262.html
shawn-invested-one-half-of-his-savings-in-a-bond-that-paid-s-37333.html
john-deposited-10-000-to-open-a-new-savings-account-that-135825.html
marcus-deposited-8-000-to-open-a-new-savings-account-that-128395.html
an-amount-is-deposited-into-an-account-accruing-interest-ann-141389.html
a-bank-offers-an-interest-of-5-per-annum-compounded-annua-154203.html
if-money-is-invested-at-r-percent-interest-compounded-annua-144266.html
a-sum-of-money-doubles-itself-at-a-compound-interest-in-15-y-167196.html
if-money-is-invested-at-r-percent-interest-compounded-annual-104225.html
an-investment-of-1000-was-made-in-a-certain-account-and-ear-142993.html

DS:


if-a-loan-of-p-dollars-at-an-interest-rate-of-r-percent-161402.html
on-may-1-of-last-year-jasmin-invested-x-dollars-in-a-new-133937.html




Terrific. I guess this should take care of the Interest Problem Issues once and for all.
:-D
Re: Compound Interest Problems   [#permalink] 19 Sep 2014, 01:36
    Similar topics Author Replies Last post
Similar
Topics:
1 Exponent in Compound interest question Sky78 2 14 Oct 2014, 13:04
1 Compound Inequalities problems nehasingh1020 8 12 May 2014, 06:10
4 Experts publish their posts in the topic Are Compound Interest problems really worth the time? fozzzy 11 28 Jun 2013, 07:15
Compound Interest Clarification rxs0005 3 06 Apr 2011, 05:41
Simple and Compound Interest vinubalan 1 17 Feb 2010, 18:24
Display posts from previous: Sort by

Compound Interest Problems

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.