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Business, 21.03.2020 02:49 juliemiddleton05

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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Suppose the annual spending by tourists in a resort city is $100 million. Approximately 90% of that...
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