Timer
00:00
Answers
A
B
C
D
E
Stats
Difficulty—
James invested $5000 in scheme \(A\) for 1 year at a simple annual interest rate of 5% and invested another $10000 in scheme \(B\) for one year at an annual interest rate of 10% compounded semi-annually. What is the positive difference between the interest earned by James from scheme \(A\) and scheme \(B?\)
A. 250
B. 775
C. 1025
D. 1750
E. 2000
[spoiler]OA=B[/spoiler]
Source: e-GMAT
A. 250
B. 775
C. 1025
D. 1750
E. 2000
[spoiler]OA=B[/spoiler]
Source: e-GMAT
















