Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Sep 1712:30 AM EDT
-01:30 AM EDT
Thought your job leaves no time for GMAT prep? After multiple GMAT attempts and a demanding consulting job, Kshitij improved to 695 in under 2 months. Learn the mindset shifts, study strategy, and execution changes that made the breakthrough possible.
Sep 1801:30 AM EDT
-02:30 AM EDT
Learn how Kamakshi achieved a GMAT 675 with an impressive 96th %ile in Data Insights. Discover the unique methods and exam strategies that helped her excel in DI along with other sections for a balanced and high score.
Sep 1808:00 PM PDT
-09:00 PM PDT
Video explanations + diagnosis of 10 weakest areas + 150+ short videos + study plan!
Sep 2107:00 PM EDT
-10:00 PM EDT
Boost your GMAT score in less than one month in a live online class + 6 months access to TTP OnDemand video courses included!
27 Jun 2022, 12:15
Kudos
Bookmarks
C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
71% (01:25) correct
29%
(01:26)
wrong
based on 76
sessions
History
Date
Time
Result
Not Attempted Yet
A sum of money is borrowed at 12% per annum interest rate for one year. The interest is calculated after the end of every two-month period and is added to the amount accrued after a period. The amount payable after the end of the year is how many times the sum borrowed?
(A) 1.12
(B) (1.12)^5
(C) (1.02)^6
(D) (1.02)^5
(E) (1.12)^6
(A) 1.12
(B) (1.12)^5
(C) (1.02)^6
(D) (1.02)^5
(E) (1.12)^6
27 Jun 2022, 13:00
Kudos
Bookmarks
Compounded interest rates.
Amount is equals principle times 1 plus interest divided by period to the power of how many times the period is applied.
Amount is equals principle times 1 plus interest divided by period to the power of how many times the period is applied.
Attachments
8AA70B8C-14A3-43B2-B749-E02D363C8AE4.jpeg [ 375.01 KiB | Viewed 1895 times ]
09 Mar 2026, 03:14
Kudos
Bookmarks
Automated notice from GMAT Club BumpBot:
A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.
This post was generated automatically.
A member just gave Kudos to this thread, showing it’s still useful. I’ve bumped it to the top so more people can benefit. Feel free to add your own questions or solutions.
This post was generated automatically.
