It is currently 22 Nov 2017, 00:49

### 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

# After a period of 3 years, how much greater is the interest

Author Message
Manager
Joined: 27 Jul 2003
Posts: 122

Kudos [?]: 58 [0], given: 0

Location: Singapore
After a period of 3 years, how much greater is the interest [#permalink]

### Show Tags

14 Oct 2003, 23:56
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

### HideShow timer Statistics

This topic is locked. If you want to discuss this question please re-post it in the respective forum.

After a period of 3 years, how much greater is the interest income on \$5,000 invested in investment A, which yields x percent interest compounded annually, than on the same amount invested in investment B, which yields y percent simple annual interest?
(1) After 1 year, the interest income from investment A is \$500.
(2) after 3 years, the interest income from investment B is \$1,500

Kudos [?]: 58 [0], given: 0

SVP
Joined: 03 Feb 2003
Posts: 1603

Kudos [?]: 308 [0], given: 0

### Show Tags

15 Oct 2003, 01:55
To answer the question, we need to know both X and Y; therefore, it is C.

Kudos [?]: 308 [0], given: 0

15 Oct 2003, 01:55
Display posts from previous: Sort by