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Vinil7 [7]
3 years ago
9

A new factory in a small town has an annual payroll of ​$ million. It is expected that of this money will be spent in the town b

y factory personnel. The people in this town who receive this money are expected to spend of what they receive in the​ town, and so on. What is the total of all this​ spending, called the total economic impact of the​ factory, on the town each​ year? Use the formula for the sum of an infinite geometric series.
Mathematics
1 answer:
cluponka [151]3 years ago
8 0

Answer:

I would say a millions dollars!

Step-by-step explanation:

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