Live GMAT classes with Target Test Prep start Nov 21 and Nov 22. First class free.

See classes
Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

Newsweek Readers’ Choice Awards 2026 winner: Target Test Prep, #1 Test Prep

Target Test Prep was voted #1 Best Test Prep in the 2026 Newsweek Readers’ Choice™ Awards.

★★★★★5.0563 reviews
GMATLiveTeachStarts Nov 22
Josh Braslow, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

with Josh Braslow, 20+ years in test prep

Nov 22 · Josh Braslow
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes + 6 months of TTP OnDemand
  • Attend the first class for free
  • Every class is recorded, so you never fall behind
View classes & enroll
Limited seats availableTarget Test Prep
EALiveTeachOnDemandStart anytime
EXECUTIVE ASSESSMENT

Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

EXECUTIVE ASSESSMENT

with

165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
View EA class & enroll Start free 5-day trial
Limited cohort · enrollment openTrial includes full course accessTarget Test Prep
GMATOnDemandStart anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

715+ score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

gmat prep QUESTIONS

Expert replies
by gmatapril » Tue Apr 05, 2011 2:32 pm
Jim invested $1000 @ 10% compounded annually. Laura invested $2000 @ 5% compounded annually. Total interest of Jim is how much more than total interest of Laura after 2 years?
a. 5
b. 15
c. 50
d. 100
e. 105
Join the discussion
Source: — Problem Solving |

by vineeshp » Tue Apr 05, 2011 6:20 pm
A 5.

Interest of JIM : 1000 * (1.1)^2 - 1000 = 210
Interest of Laura : 2000 * (1.05)^2 - 2000 = 205

Difference is 5.
Vineesh,
Just telling you what I know and think. I am not the expert. :)
Join the discussion

by Geva@EconomistGMAT » Tue Apr 05, 2011 11:53 pm
10% blocks of hundreds, thousands, etc. are easy to calculate - just remove one zero from the end.

10% of $1000 equals $100. So after one year, Jim's account has $1100.
10% of $1100 equals $110. So after the second year, Jim's account has $1100+110 = 1210.

5% blocks are equally easy to calculate: they're half of a 10% block.

5% of $2000 is half of $200, or $100. So after one year, Laura's account has the same $2100.
5% of $2100 is half of $210, or $105. During this second year, Jim's account makes $110, so the difference between the accounts is 110-105 = $5. Answer is A.
Geva
Senior Instructor
Master GMAT
1-888-780-GMAT
https://www.mastergmat.com
Join the discussion

by force5 » Wed Apr 06, 2011 12:10 am
yes A
Join the discussion

by gmatapril » Wed Apr 06, 2011 7:07 am
thank you.
Join the discussion