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If an investment principal p decreased d percent in each of the first two years and recovered i percent in the third year, which of the following represents the value of the investment at the end of the third year?
  • a)
    p(1−d)(1+i)
  • b)
    p(1−d)²(1+i)
  • c)
  • d)
  • e)
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
If an investment principal p decreased d percent in each of the first ...
Step 1: Question statement and Inferences
The amount p decreased d percent each of the first two years and recovered i percent the third year. The question is to represent the value of the investment at the end of the third year.
Step 2: Finding required values
The tables below show the value of investment at the end of each year and determines the final value at the end of year 3.
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If an investment principal p decreased d percent in each of the first two years and recovered i percent in the third year, which of the following represents the value of the investment at the end of the third year?a)p(1−d)(1+i)b)p(1−d)²(1+i)c)d)e)Correct answer is option 'D'. Can you explain this answer?
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If an investment principal p decreased d percent in each of the first two years and recovered i percent in the third year, which of the following represents the value of the investment at the end of the third year?a)p(1−d)(1+i)b)p(1−d)²(1+i)c)d)e)Correct answer is option 'D'. Can you explain this answer? for GMAT 2025 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about If an investment principal p decreased d percent in each of the first two years and recovered i percent in the third year, which of the following represents the value of the investment at the end of the third year?a)p(1−d)(1+i)b)p(1−d)²(1+i)c)d)e)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If an investment principal p decreased d percent in each of the first two years and recovered i percent in the third year, which of the following represents the value of the investment at the end of the third year?a)p(1−d)(1+i)b)p(1−d)²(1+i)c)d)e)Correct answer is option 'D'. Can you explain this answer?.
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