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MathNet 2019-part-08 — 179 problems (EN–VI) Question 31

Math Olympiad Vault · MathNet 2019-part-08 — 179 problems (EN–VI)

Question 31

Yannick is playing a game with 100 rounds, starting with 1 coin. During each round, there is a $n \%$ chance that he gains an extra coin, where $n$ is the number of coins he has at the beginning of the round. What is the expected number of coins he will have at the end of the game?