Find the best answers to your questions with the help of IDNLearn.com's knowledgeable users. Find reliable solutions to your questions quickly and easily with help from our experienced experts.
Some GMAT questions will introduce the concept of interest earned on a Principal. These questions are easily identified by the use of the term "Interest" somewhere in the question (Duh!).
We recognize two different kinds of interest - Simple interest, and Compound interest. Look for the following three pieces of the puzzle in the question:
1) Interest rate - usually given as a %
2) Time - How long the interest is calculated for.
3) Compounded - Annually, semi-annually (every six months), quarterly, monthly.
Sagot :
We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. IDNLearn.com is dedicated to providing accurate answers. Thank you for visiting, and see you next time for more solutions.
