Mathematics, 29.12.2020 01:20 brandiwingard
The MagicSoft software company has a proposal to the city council of Alva, Florida, to relocate there. The proposal claims that the company will generate $3.3 million for the local economy by the $1 million in salaries that will be paid. The city council estimates that 70% of the salaries will be spent in the local community and 70% of that money will again be spent in the community, and so on.
What is the correct estimate of the amount generated to the local economy?
A.$3.3 million
B.$2.3 million
C.$2.7 million
D.$1.9 million
Answers: 3
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Suppose i pick a jelly bean at random from a box containing one red and eleven blue ones. i record the color and put the jelly bean back in the box. if i do this three times, what is the probability of getting a blue jelly bean each time? (round your answer to three decimal places.)
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The MagicSoft software company has a proposal to the city council of Alva, Florida, to relocate ther...
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