Multiple Choice
Suppose the annual spending by tourists in a resort city is $200 million. Approximately 75% of that revenue is again spent in the resort city, and of that amount approximately 75% is again spent in the same city, and so on. Write the expression that gives the total amount of spending generated by the $200 million after n years.
A)
million dollars
B)
million dollars
C)
million dollars
D)
million dollars
E)
million dollars
Correct Answer:
Verified
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