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Suppose each round costs $1.00 at a slot machine on which you can win $2.00 withprobabilityp=...

Suppose each round costs $1.00 at a slot machine on which you can win $2.00 withprobabilityp= 40%. You start playing with $10.00 and decide that you will keepplaying until you either double your wealth (that is, earn another $10.00) or runout of money. What is the probability that you run out of money?

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