GMAT Practice Question Set #49 (Question 145-147)

Problem Solving Question #147: Triple Repayment Plan  
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Marina is borrowing $10,930 from Peter under a special repayment plan. Starting from 12
months after the loan, Marina will repay $10 in the first month and each subsequent
month's repayment will be triple that of of the prior month's repayment. How many
months from the date she borrows will it take for Marina to repay her loan?

(A)

7

(B)

13

(C)

16

(D)

17

(E)

19

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