hard · GMAT Quant

$800 is invested at 10% annual interest compounded annually.

How much interest is earned during the second year alone?

  1. $88
  2. $80
  3. $160
  4. $968
  5. $8

Sign up free to see the explanation and track your rank →

More GMAT Quant practice

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 74,000+ practice questions, 26,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials