BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

On January 1st Thomas deposited $2,000 into an interest bearing checking account. If he made no withdrawals, what was...

Expert replies
by BTGmoderatorLU » Mon Aug 31, 2020 9:43 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

Source: Princeton Review

On January 1st Thomas deposited $2,000 into an interest bearing checking account. if he made no withdrawals, what was the total amount Thomas had in checking account on December 31st of the same year?

1) Thomas deposited an additional $4,000 throughout the year
2) The checking account earned 7 percent simple annual interest

The OA is E
Join the discussion
Source: — Data Sufficiency |