What is the value of 36,500(1.05)^n? : GMAT Data Sufficiency (DS)
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 20 Jan 2017, 02:06

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# What is the value of 36,500(1.05)^n?

Author Message
TAGS:

### Hide Tags

Manager
Joined: 28 May 2009
Posts: 155
Location: United States
Concentration: Strategy, General Management
GMAT Date: 03-22-2013
GPA: 3.57
WE: Information Technology (Consulting)
Followers: 8

Kudos [?]: 198 [0], given: 91

What is the value of 36,500(1.05)^n? [#permalink]

### Show Tags

24 Dec 2012, 18:24
00:00

Difficulty:

5% (low)

Question Stats:

85% (01:47) correct 15% (00:48) wrong based on 52 sessions

### HideShow timer Statistics

What is the value of 36,500*1.05^n?

(1) n^2 -5n+6 = 0

(2) $$n-2\neq{0}$$

P.S. Does someone know how the Forum's Math plugin parses ≠?
[Reveal] Spoiler: OA

_________________

Last edited by Bunuel on 25 Dec 2012, 04:03, edited 1 time in total.
Renamed the topic and edited the question.
Math Expert
Joined: 02 Sep 2009
Posts: 36568
Followers: 7082

Kudos [?]: 93231 [1] , given: 10553

Re: What is the value of 36,500(1.05)^n? [#permalink]

### Show Tags

25 Dec 2012, 04:08
1
KUDOS
Expert's post
What is the value of 36,500*1.05^n?

(1) n^2 -5n+6 = 0 --> n=2 or n=3. Not sufficient.

(2) $$n-2\neq{0}$$ --> $$n\neq{2}$$. Not sufficient.

(1)+(2) Since $$n\neq{2}$$, then $$n=3$$. Sufficient.

megafan wrote:
P.S. Does someone know how the Forum's Math plugin parses ≠?

To get $$n-2\neq{0}$$ wite x-2\neq{0} and press m button.

Hope it helps.
_________________
Re: What is the value of 36,500(1.05)^n?   [#permalink] 25 Dec 2012, 04:08
Similar topics Replies Last post
Similar
Topics:
1 What is the value of t ? 7 01 Oct 2013, 14:28
What is the value of a ? 6 03 Apr 2013, 08:21
12 What is the value of the integer k? 12 27 Dec 2009, 14:02
4 What is the value of x/yz? 10 08 Mar 2009, 18:28
6 What is the value of x? 9 19 Nov 2007, 15:30
Display posts from previous: Sort by