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Travis is working as a programmer of IBW


Travis is working as a programmer of IBW. Travis earns $3,500 annually.
If Travis pays 2.5% of that amount quarterly to support groups and he paid $525 so far, for how many years now has Travis been paying?

(A) 2.
(B) 2.5.
(C) 4.
(D) 5.5.
(E) 6.

The best answer is B.
Travis pays 2.5% of 3500, which is $87.5 every 3 months (quarterly).
(525/87.5 = 6), therefore Travis has been paying for (6 x 3 = 18) months now, that is 2.5 years.

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F1GMAT: Would you encourage others to attend MIP International MBA Program?

Vineeth: Oh yeah! The study method consists of a good mix of case studies and classroom lectures. The number and quality of contacts that MIP has in the business world is impressive.

To top it all- MIP is truly international. In my class we had more than 20 different nationalities. The diversity and different experiences makes for testing times during discussions. However, it does serve up an invaluable learning experience, helping build a good foundation to pursue a career in the international business arena. Get in touch with alumni to get a better picture of the institution.

Vineeth George Abraham is a MIP, Politecnico di Milano, School of Management alumnus 2008/09. He cracked the GMAT with a 740 and received a scholarship from MIP. He is currently working as a Marketing Campaign Planner at IBM, Bangalore

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