Michele invests 500 of her money in a mutual fund that quickly goes sour, losing 25% of its value each day for a week. Which of the following COULD be the value of Michele’s investment at the close-of-business any day that week?  Answers
A) $0.00  B) $133.00  C) $250.05  D) $66.74  E) $10000.00
Suppose she invests n$ in the starting then in the subesequent days the money left after the day will be   n/4, n/8, n/16, n/32   So, answer will be $66.74
<result>D</result>
Michele invests 500 of her money in a mutual fund that quickly goes sour, losing 25% of its value each day for a week. Which of the following COULD be the value of Michele’s investment at the close-of-business any day that week?