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Which of the following can be inferred from the graphs? I. Interest ra
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07 Jul 2022, 14:04
07 Jul 2022, 14:04
Expert Reply
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Question Stats:
87% (01:34) correct
12% (01:41) wrong based on 16 sessions
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GRE How many thousands of regular .jpg [ 93.86 KiB | Viewed 2813 times ]
Which of the following can be inferred from the graphs?
I. Interest rates were static in the 1980–1983 period.
II. The greatest increase in the number of Holiday Club depositors over a previous year occurred in 1984.
III. Alameda Savings Bank invested most of its assets in stocks and bonds.
a. I only
b. II only
c. III only
d. I and III
e. II and III
Part of the project: GRE QCQ & PS 3 Questions Every One DAILY Challenge - (2022)
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GRE Math Essentials (2022)
GRE Geometry Formulas for a Q170
GRE - Math Book
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GRE Math Essentials (2022)
GRE Geometry Formulas for a Q170
GRE - Math Book
Re: Which of the following can be inferred from the graphs? I. Interest ra
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19 Jul 2022, 19:05
19 Jul 2022, 19:05
Hello, isn't the increase registered in 1985 greater than that in 1984? Any explanation for the OA, please?
Re: Which of the following can be inferred from the graphs? I. Interest ra
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19 Jul 2022, 22:39
19 Jul 2022, 22:39
1
Expert Reply
OE
Quote:
I is not true; although the number of depositors remained the same, one may not assume that interest rates were the cause. II is true; in 1984, there were 110,000 depositors. Observe the largest angle of inclination for this period. III is not true; the circle graph indicates that more than half of the bank’s assets went into mortgages.
