You start with zero wealth. The quiz show host “gives” you a million pounds to play with, but you can only take home the money left after the last round. The intermediary levels of imaginary wealth do not affect the calculation.
Oh, I see, I was completely misunderstanding the problem.
You start with zero wealth. The quiz show host “gives” you a million pounds to play with, but you can only take home the money left after the last round. The intermediary levels of imaginary wealth do not affect the calculation.
Oh, I see, I was completely misunderstanding the problem.