## Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account

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### Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account

by BTGmoderatorDC » Mon Dec 06, 2021 6:33 pm

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## Global Stats

Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account falls below $100 at any time during the month. Did the bank charge a service fee on Beth's regular checking account last month? (1) During last month, a total of$1,000 was withdrawn from Beth's regular checking account.

(2) At the beginning of last month, Beth's regular checking account balance was $500. OA E Source: GMAT Prep ### GMAT/MBA Expert GMAT Instructor Posts: 16072 Joined: 08 Dec 2008 Location: Vancouver, BC Thanked: 5254 times Followed by:1268 members GMAT Score:770 ### Re: Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account by [email protected] » Tue Dec 07, 2021 6:52 am ## Timer 00:00 ## Your Answer A B C D E ## Global Stats BTGmoderatorDC wrote: Mon Dec 06, 2021 6:33 pm Beth's bank charges a service fee on a regular checking account for each month in which the balance on the account falls below$100 at any time during the month. Did the bank charge a service fee on Beth's regular checking account last month?

(1) During last month, a total of $1,000 was withdrawn from Beth's regular checking account. (2) At the beginning of last month, Beth's regular checking account balance was$500.

OA E

Source: GMAT Prep
Target question: Did the bank charge a service fee on Beth's regular checking account last month?

REPHRASED target question: Did Beth's balance ever go below $100? Statement 1: During last month, a total of$1,000 was withdrawn from Beth's regular checking account.
Were given no information about her starting balance, so we can't say whether or not Beth's balance went below $100 INSUFFICIENT Statement 2: At the beginning of last month, Beth's regular checking account balance was$500.
Were given no information about how much money Beth withdrew over the month, so we can't say whether or not Beth's balance went below $100 INSUFFICIENT Statements 1 and 2 combined Here are two CONTRADICTORY scenarios that could have occurred: Case a: Beth begins the month with$500. On Day 2, she deposits $500 more. On Day 3, she withdraws$1000. In this case, Beth's balance went below $100. Case b: Beth begins the month with$500. On Day 2, she deposits $10,000 more. On Day 3, she withdraws$1000. No other deposits or withdrawals are made for the rest of the month. In this case, Beth's balance NEVER went below \$100.
Since we cannot answer the REPHRASED target question with certainty, the combined statements are NOT SUFFICIENT