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

Question

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

Quizplus · Accepted Answer

The Answer of 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

Suppose the Annual Spending by Tourists in a Resort City