GRE Problem Solving Question 663

Home > GMAT Test > GRE Problem Solving Questions

Next steps

Source: Magoosh

Sarah invested $38,700 in an account that paid 6.2% annual interest, compounding monthly. She left the money in this account, collecting interest for three full years. Approximately how much interest did she earn in the last month of this period?

  • A $239.47
  • B $714.73
  • C $2793.80
  • D $7,888.83
  • E $15,529.61

Show Answer

Previous       Next