Test: GMAT Math

1.

Today, I put  in a bank account which promises me a fixed interest rate for  years. How much simple interest (in dollars) have I earned after  years?

(1) I have  in my bank account after year .

(2) The annual interest rate is .

C: BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient

D: EACH statement ALONE is sufficient

A: Statement (1) ALONE is sufficient, but statement (2) ALONE is not sufficient

E: Statements (1) and (2) TOGETHER are not sufficient

B: Statement (2) ALONE is sufficient, but statement (1) ALONE is not sufficient

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