GMAT Question of the Day - Daily to your Mailbox; hard ones only

 It is currently 20 Aug 2018, 00:01

### 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

# If Molly puts \$500 in a savings account that pays 4 percent annual..

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
Senior Manager
Joined: 02 Mar 2017
Posts: 269
Location: India
Concentration: Finance, Marketing
If Molly puts \$500 in a savings account that pays 4 percent annual..  [#permalink]

### Show Tags

24 Apr 2017, 00:21
00:00

Difficulty:

(N/A)

Question Stats:

100% (00:40) correct 0% (00:00) wrong based on 2 sessions

### HideShow timer Statistics

If Molly puts \$500 in a savings account that pays 4 percent
annual interest compounded semiannually, how much money
will be in the account after one year?

A)\$5.20
B)\$504.00
C)\$520.00
D)\$520.20
E)\$540.00

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

_________________

Kudos-----> If my post was Helpful

Math Expert
Joined: 02 Sep 2009
Posts: 48041
Re: If Molly puts \$500 in a savings account that pays 4 percent annual..  [#permalink]

### Show Tags

24 Apr 2017, 00:34
VyshakhR1995 wrote:
If Molly puts \$500 in a savings account that pays 4 percent
annual interest compounded semiannually, how much money
will be in the account after one year?

A)\$5.20
B)\$504.00
C)\$520.00
D)\$520.20
E)\$540.00

Check here: if-joanie-puts-500-in-a-savings-account-that-earns-10-percent-annual-205192.html

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

_________________
Re: If Molly puts \$500 in a savings account that pays 4 percent annual.. &nbs [#permalink] 24 Apr 2017, 00:34
Display posts from previous: Sort by

# If Molly puts \$500 in a savings account that pays 4 percent annual..

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

# Events & Promotions

 Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne 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®.