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Question
The annual spending by tourists in a resort city is 300 million dollars. Approximately 50% of that revenue is again spent in the resort city, and of that amount approximately 50% is again spent in the resort city. If this pattern continues, write the geometric series that gives the total amount of spending generated by the 300 million dollars (including the initial outlay of 300 million dollars) and find the sum of the series.A) The geometric series is
. The sum of the series is
600.00 million.B) The geometric series is
. The sum of the series is
15,000 million.C) The geometric series is
. The sum of the series is
600.00 million.D) The geometric series is
. The sum of the series is
15,000 million.E) The geometric series is
. The sum of the series is
150.00 million.Answer
This answer is hidden. It contains 1 characters.
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