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On January 1, 2010, Dave invests 70% of his retirement savings in Antarctic largecap stocks, 20% in Antarctic midcaps, and 10% in Antarctic smallcaps. In 2010, largecap rises 5% , midcap rises 10%, and smallcap rises 15% in the Antarctic stock market; however, 2011, largecap fall 10% and midcaps fall 20%, while smallcap rises \(x\)% in Antarctica. If on January 1, 2012, Dave has the same total amount of retirement savings as he did two years before, then \(x\) is between
A. 10 and 20
B. 20 and 30
C. 30 and 40
D. 40 and 50
E. 50 and 60
The OA is D
Source: Manhattan Prep
A. 10 and 20
B. 20 and 30
C. 30 and 40
D. 40 and 50
E. 50 and 60
The OA is D
Source: Manhattan Prep
