medium · GMAT Quant
A specialized investment fund manages assets totaling $4.02 million. If the fund's value increases by 0.78 percent each month
Which of the following is the best estimate of the total increase in the value of the fund after one year, assuming no withdrawals or additional investments?
- $40,000
- $150,000
- $380,000
- $600,000
- $1,200,000
Sign up free to see the explanation and track your rank →
More GMAT Quant practice
- Including both endpoints, how many distinct integer price points are in this range?
- Which of the following expressions must result in a positive value?
- Which property of arithmetic justifies that first step?
- Which of the following must also be an even integer?
- Which of the following inequalities correctly represents this range?
- Which of the following includes the number 0?
- How many unique meal combinations can a customer create?
- What is the probability that the lightbulb is functional?