Suppose the annual spending by tourists in a resort city is $600 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. Summing all of this spending indefinitely, leads to the geometric series
. Find the sum of this series.
?
A. $12,000 million
B. $6,001 million
C. $3000 million
D. $12,001 million
E. $6,000 million
Answer: E
Mathematics
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