Geneva rode her bike a total of 2 1/2 miles from her house to school. First she rode 4/5 mile from her house to the park. Then s
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Answer:
The correct estimate of the amount generated to the local economy is $3,333,333.
Step-by-step explanation:
The amount the expected to be generated for the local economy = $3.3 million
The amount of salaries that will generate $3.3 million = $1 million
The percentage of the amount of the salaries and the subsequent earnings expected to be spent on the local community = 70%
Therefore, we have;
For a first amount of 1 million into the economy, the next amount to into the economy is 70/100 × 1 million = 700,000, then we have 70/100 × 700,000 and so on, which is a geometric sequence, with first term, a = $1 million, the common ratio, r = 70/100 = 0.7, the number of terms = Infinity = ∞
The sum of a geometric sequence to infinity is given as follows;
Substituting the known values gives;
Therefore, the correct estimate of the amount generated to the local economy by the $1 million salaries that will be paid = $3,333,333..
Answer:
Symbols of inclusion are symbols used in mathematical expressions that group terms or factors together. They indicate that when we are simplifying expressions, we are to perform what's inside the symbols first. The three types of symbols of inclusion are parentheses, brackets, and braces.
