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Source: Manhattan
Level: 3
At the beginning of year 1, an investor puts p dollars into an investment whose value increases at a variable rate of per year, where n is an integer ranging from 1 to 3 indicating the year. If for all n between 1 and 3, inclusive, then at the end of 3 years, the value of the investment must be between
- A $p and $2p
- B $2p and $5p
- C $5p and $10p
- D $10p and $25p
- E $25p and $75p