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Thanks for the reply. But I am still confused,
Please confirm the below:

To check Stat2:

1. In Question they haven't mentioned or hinted anything about amount deposited through out the year.

2. Simple Interest is normally for 1 year until and unless specified.

by vijeshimchandran

Tue Oct 22, 2013 6:25 pm
Forum: Data Sufficiency
Topic: Data Sufficiency
Replies: 5
Views: 1704

Data Sufficiency

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 the checking account on December 31st of the same year? i. Thomas deposited an additional $4,000 throughout the year ii. The checking account earned 7 ...

by vijeshimchandran

Mon Oct 21, 2013 5:58 am
Forum: Data Sufficiency
Topic: Data Sufficiency
Replies: 5
Views: 1704