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# At the end of each year, the value of a certain antique watch is c

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Intern
Joined: 03 Apr 2017
Posts: 12
At the end of each year, the value of a certain antique watch is c  [#permalink]

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01 May 2017, 06:21
00:00

Difficulty:

(N/A)

Question Stats:

33% (01:49) correct 67% (00:00) wrong based on 3 sessions

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At the end of each year, the value of a certain antique watch is c percent more than its value one year earlier, where c has the same value each year. If the value of the watch was k dollars on January 1, 1992, and m dollars on January 1, 1994, then in terms of m and k, what was the value of the watch, in dollars, on January 1, 1995?

A) m + 1/2(m - k)

B) m + 1/2(m - k/k)*m

C) m√m/√k

D) m^2/2k

E) km^2

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Math Expert
Joined: 02 Sep 2009
Posts: 48041
Re: At the end of each year, the value of a certain antique watch is c  [#permalink]

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01 May 2017, 06:29
2
peterpark wrote:
At the end of each year, the value of a certain antique watch is c percent more than its value one year earlier, where c has the same value each year. If the value of the watch was k dollars on January 1, 1992, and m dollars on January 1, 1994, then in terms of m and k, what was the value of the watch, in dollars, on January 1, 1995?

A) m + 1/2(m - k)

B) m + 1/2(m - k/k)*m

C) m√m/√k

D) m^2/2k

E) km^2

Discussed here: at-the-end-of-each-year-the-value-of-a-certain-antique-27342.html

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

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Re: At the end of each year, the value of a certain antique watch is c &nbs [#permalink] 01 May 2017, 06:29
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