Constant amount

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Constant amount

by jfranco23 » Mon Mar 16, 2009 4:47 pm
A parent established a college fund for his daughter. Each year the parent made a contribution to the fund, and each year he increased his contribution by a constant amount. If he made a contribution of 800$ in the first year, by what amount did the parent increase his contribution to the fund each year?

1. The contribution in the 18th year was 7600$
2. The contribution in the 7th year was twice what it was in the 3rd year
Source: — Data Sufficiency |

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by cramya » Mon Mar 16, 2009 5:14 pm
I would go with D

1ST YEAR

800

2ND YEAR

800 + K

3RD YEAR

800 + 2K ....


Stmt I

880 + 17k = 7600

can be solved for k

SUFF

Stmt II

800 + 6k = 2(800+2k)

can be solved for k

SUFF


Choose D