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Michele invests some of her money in a mutual fund that

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Michele invests some of her money in a mutual fund that [#permalink] New post 21 Mar 2013, 23:59
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Michele invests some of her money in a mutual fund that quickly goes sour, losing 50% of its value each day for a week. Which of the following COULD NOT be the value of Michele’s investment at the close-of-business any day that week?

A. $0.00
B. $133.00
C. $250.05
D. $1575.00
E. $10000.00
[Reveal] Spoiler: OA

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Last edited by Bunuel on 22 Mar 2013, 02:06, edited 1 time in total.
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Re: Michele invests some of her money in a mutual fund that qu [#permalink] New post 22 Mar 2013, 00:37
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Any of the answers can be written as X=50%Y

except A: there is no way a sum can reach 0 in this scenario, even if divided by 0,5 infinite times
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Re: Michele invests some of her money in a mutual fund that qu [#permalink] New post 22 Mar 2013, 01:31
emmak wrote:
Michele invests some of her money in a mutual fund that quickly goes sour, losing 50% of its value each day for a week. Which of the following COULD NOT be the value of Michele’s investment at the close-of-business any day that week?

$0.00

$133.00

$250.05

$1575.00

$10000.00


Suppose she invests n$ in the starting then in the subesequent days the money left after the day will be
n/2, n/4, n/8, n/16, n/32
Since the amont is a multiple of n so the amount can never be 0 , as in this case the initial investment itself will be zero.

So, answer will be A

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Re: Michele invests some of her money in a mutual fund that qu   [#permalink] 22 Mar 2013, 01:31
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