Challenge Problem Showdown – August 27th, 2012
We invite you to test your GMAT knowledge for a chance to win! Each week, we will post a new Challenge Problem for you to attempt. If you submit the correct answer, you will be entered into that week’s drawing for a free Manhattan GMAT Prep item. Tell your friends to get out their scrap paper and start solving!
Here is this week’s problem:
Harold plays a game in which he starts with $2. Each game has 2 rounds; in each round, the amount of money he starts the round with is randomly either added to or multiplied by a number, which is randomly either 1 or 0. The choice of arithmetic operation and of number are independent of each other and from round to round. If Harold plays the two-round game repeatedly, the long-run average amount of money he is left with at the end of the game, per game, is between
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The weekly winner, drawn from among all the correct submissions, will receive One Year of Access to our Challenge Problem Archive, AND the GMAT Navigator, AND Our Six Computer Adaptive Tests ($92 value).