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# An investment of d dollars at k percent simple annual interest yields

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Intern
Joined: 21 Aug 2018
Posts: 4
An investment of d dollars at k percent simple annual interest yields  [#permalink]

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08 Oct 2018, 11:14
00:00

Difficulty:

(N/A)

Question Stats:

100% (02:38) correct 0% (00:00) wrong based on 4 sessions

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Somebody pls help me solve this question. Thanks so much!

An investment of d dollars at k percent simple annual interest yields \$600 interest over a 2-year period. In terms of d, what dollar amount invested at the same rate will yield \$2,400 interest over a 3-year period?

A. frac{2d}{3}

B. frac{3d}{4}

C. frac{4d}{3}

D. frac{3d}{2}

E. frac{8d}{3}
Manager
Joined: 23 Nov 2017
Posts: 119
Location: Singapore
Concentration: Strategy, Other
GMAT 1: 660 Q49 V33
Re: An investment of d dollars at k percent simple annual interest yields  [#permalink]

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08 Oct 2018, 17:15
is the answer E?
Math Expert
Joined: 02 Sep 2009
Posts: 52911
Re: An investment of d dollars at k percent simple annual interest yields  [#permalink]

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15 Oct 2018, 09:43
Lincoln1608 wrote:
Somebody pls help me solve this question. Thanks so much!

An investment of d dollars at k percent simple annual interest yields \$600 interest over a 2-year period. In terms of d, what dollar amount invested at the same rate will yield \$2,400 interest over a 3-year period?

A. frac{2d}{3}

B. frac{3d}{4}

C. frac{4d}{3}

D. frac{3d}{2}

E. frac{8d}{3}

Discussed here: https://gmatclub.com/forum/an-investmen ... 06083.html
_________________
Re: An investment of d dollars at k percent simple annual interest yields   [#permalink] 15 Oct 2018, 09:43
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# An investment of d dollars at k percent simple annual interest yields

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