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26 Jun 2019, 11:26
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An amount of $P invested at an annual interest rate of R% compounded annually increases from 1995 to 1996 and then from 1996 to 19997 so that the final amount becomes ([7][/5])P at the end of 2 years.
Quantity A: R
Quantity B: 20
Quantity A: R
Quantity B: 20
utkarshg97
Joined: 26 Jun 2019
Last visit: 29 Oct 2022
Posts: 34
Given Kudos: 192
Location: India
Schools: Crosby Trulaske"19 IIM-A"19 (D)
GMAT 1: 660 Q51 V29
GPA: 3.3
26 Jun 2019, 13:44
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([7][/5])P at the end of 2 years.
This part of the question is unclear, please correct the question.
Also, what is expected to be computed isn't given.
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I encourage users to preview content before posting it for optimum use.
This part of the question is unclear, please correct the question.
Also, what is expected to be computed isn't given.
----------------------------------------------
I encourage users to preview content before posting it for optimum use.
saukrit
Joined: 05 Jul 2018
Last visit: 08 Apr 2026
Posts: 378
Own Kudos:
Given Kudos: 326
Status:Current student at IIMB
Affiliations: IIM Bangalore
Location: India
Concentration: General Management, Technology
Schools: IIMB EPGP'22 (A)
GMAT 1: 600 Q47 V26
GRE 1: Q162 V149
GPA: 3.6
WE:Information Technology (Consulting)
Products:
26 Jun 2019, 19:20
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What is quantity B here. A poorly worded question I must say.
