Quantity A Quantity B The total value of 100 dollars after it is invested for m months
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Quantity A Quantity B
The total value of 100 dollars after it is invested for m months at 8 percent simple annual interest 100(1 + (0.08/m)) dollars
a. Quantity A is greater.
b. Quantity B is greater.
c. The two quantities are equal.
d. The relationship cannot be determined from the information given.
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Related Book For
1014 Practice Questions For The New GRE
ISBN: 9780375429682
2nd Edition
Authors: The Princeton Review
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