Q10:
If $1,000 will be deposited in a bank account and I is the dollar amount of interest earned from the original deposit, represented as I = 1000 {(1 + r/100)n – 1}, and the annual interest rate is r percent, is r > 8 percent?
(1) The deposit earns a total of $210 in interest in the first 2 years.
(2) (1 + r/100)2 > 1.15
A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D. EACH statement ALONE is sufficient.
E. Statements (1) and (2) TOGETHER are NOT sufficient.
key: D. But I think it is B. condition (2) cannot prove that r>8. | 
