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Source: Official Guide for GMAT Review 2016 Problem Solving; #99

6

Alex deposited x dollars into a new account

Alex deposited x dollars into a new account that earned 8 percent annual interest, compounded annually. One year later Alex deposited an additional x dollars into the account. If there were no other transactions and if the account contained w dollars at the end of two years, which of the following expresses x in terms of w?

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Section 5.3 Problem Solving

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