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Mr Dupont invests $100 and gets 100% profit/month. After 6 months, he gets 600%. The $100 gets doubled every month so it's $6400 after 6 months while if it's 600%, he gets $600. Which one is correct if he doesn't withdraw during 6 months? How much does he get after 6 months?
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No best answer has yet been selected by kaljen. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.> After 6 months, he gets 600%.
Where did that sentence come from, kaljen? Is it part of the question or did you add it yourself?
Anyway, these two phrases are incompatible:
> After 6 months, he gets 600%.
> The $100 gets doubled every month
It's either one of those, or the other - not both. I suspect it's the second one, and the answer is $6400.
Where did that sentence come from, kaljen? Is it part of the question or did you add it yourself?
Anyway, these two phrases are incompatible:
> After 6 months, he gets 600%.
> The $100 gets doubled every month
It's either one of those, or the other - not both. I suspect it's the second one, and the answer is $6400.