GMAT Data Sufficiency

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Source: GWD

Level: 3

$10,000 is deposited in a certain account that pays r percent annual interest compounded annually, the amount D(t), in dollars, that the deposit will grow to in t years is given by . What amount will the deposit grow to in 3 years?

(1)D(1)=11,000

(2)r =10

  • A Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
  • B Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
  • C BOTH statement TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
  • D EACH statement ALONE is sufficient.
  • E Statements (1) and (2) TOGETHER are NOT sufficient.

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