## The GMAT/MBA Library

Explore the world's largest collection of GMAT prep and MBA admissions content.

#### GMAT Interest Rate Questions: A Beginner’s Guide

Be more than prepared to tackle Interest Rate questions on test day.

#### Know the GMAT Code: Interest Rates on the GMAT

Learn how you could make answering interest rate questions a lot less irritating.

#### GMAT Practice: Word Problems

Test your math skills with these 6 Word problems.

#### GMAT Algebra: How Many Variables Should You Use?

Consider the following word problem: A certain store sells apples for $0.75 each and bananas for $0.50 each. Lila bought 20 pieces of fruit consisting of [...]

#### GMAT Avengers Study Group: Interest Rates

Gain valuable tips on how to tackle Interest Rate problems from our GMAT Avengers group.

#### Free Yourself from Calculator Math

Discover methods to free yourself of your calculator addiction.

#### Using “Word Equations” to Help Write Algebraic Equations

Use this intermediate step to help you transition from words to equations.

#### GMAT Avengers Study Group: Tackling Word Problems

Gain valuable tips on how to tackle Word Problems from our GMAT Avengers group.

#### Manhattan GMAT Challenge Problem of the Week – 23 Dec 2011

May we interest you in a problem about interest rates?

#### Simple and Compound Interest

The GMAT will occasionally test your facility with calculating interest. Savings accounts, checking accounts, money-market accounts, investment accounts — these are all examples of accounts [...]

#### Manhattan GMAT Challenge Problem of the Week – 8 Apr 10

At the beginning of year 1, an investor puts p dollars into an investment whose value increases at a variable rate of [pmath]x_n[/pmath]% per year, where n is an integer ranging from 1 to 3 indicating the year. If 85 < [pmath]x_n[/pmath] < 110 for all n between 1 and 3, inclusive, then at the end of 3 years, the value of the investment must be between

#### Interest and Compound Interest Problems

There are two types of interest problems on the GMAT, and they include simple interest and compound interest. Simple interest is the most basic and [...]

#### Interest and Compound Interest Problems

There are two types of interest problems on the GMAT, and they include simple interest and compound interest. Simple interest is the most basic and [...]