Source: GMAT Prep
If $10,000 is invested at x percent simple annual interest for n years, which of the following represents the total amount of interest, in dollars, that will be earned by this investment in the n years?
A. \(10,000(x^n)\)
B. \(10,000\left(\dfrac{x}{100}\right)^n\)
C. \(10,000n\left(\dfrac{x}{100}\right)\)
D. \(10,000\left(1+\dfrac{x}{100}\right)^n\)
E. \(10,000n\left(1+\dfrac{x}{100}\right)\)
The OA is C
If $10,000 is invested at x percent simple annual interest for n years, which of the following represents the total...
This topic has expert replies
-
- Moderator
- Posts: 2209
- Joined: Sun Oct 15, 2017 1:50 pm
- Followed by:6 members
Timer
00:00
Your Answer
A
B
C
D
E
Global Stats