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Suppose the Annual Spending by Tourists in a Resort City 1,000(1+0.90n)1,000 \left( 1 + 0.90 ^ { n } \right)

question 103

Multiple Choice

Suppose the annual spending by tourists in a resort city is $100 million. Approximately 90% of that revenue is again spent in the resort city, and of that amount approximately 90% is again spent in the same city, and so on. Write the expression that gives the total amount of Spending generated by the $100 million after n years.


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