GMAT Data Sufficiency

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Source: GWD

Level: 0

If $1,000 will be deposited in a bank account and I is the dollar amount of interest earned from the original deposit, represented as , and the annual interest rate is r percent, is r > 8 percent?

(1) The deposit earns a total of $210 in interest in the first 2 years.

(2)

  • 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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