GMAT Problem Solving

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Source: GWD

Level: 0

Alex deposited x dollars into a new account that earned 8 percent annual interest, compounded annually. One year later Alex deposited an additional x dollars into the account. If there were no other transactions and if the account contained w dollars at the end of two years, which of the following expresses x in terms of w ?

  • A
  • B
  • C
  • D
  • E

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