GMAT Problem Solving
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Source: GWD
Level: 3
Pat invested x dollars in a fund that paid 8 percent annual interest, compounded annually. Which of the following represents the value, in dollars, of Pat's investment plus interest at the end of 5 years?
- A 5(0.08x)
- B 5(1.08x)
- C [1 + 5(0.08)]x
- D
- E
