Wednesday

August 20, 2014

August 20, 2014

Posted by **sam** on Tuesday, April 24, 2012 at 10:52pm.

In January, a factory invests $400,000 into the economy in the form of employee salaries. During February, assume that the employees reinvest in the economy by spending 80% of their salaries. Then, during March, 80% of what was spent by the employees is again reinvested in the economy by the merchants. And so on.

Find the amount of money that is invested during the first four months. ______________ ______________ ______________ ______________ Month 1 (Jan.) Month 2 (Feb.) Month 3 (Mar.) Month 4 (Apr.)

**Related Questions**

algebra - When you spend $1 at the grocery store, the store doesn’t keep all of ...

algebra 2 - When you spend $1 at the grocery store, the store doesn’t keep all ...

algebra 2 - When you spend $1 at the grocery store, the store doesn’t keep all ...

English - What sets off the main conflict in A and P. Answers are Three girls in...

English - What sets off the main conflict in A&P Answers are Three girls in a ...

Statistics - A department store is running a promo one Saturday by giving out ...

algebra - The matrix below shows the sales, in thousands of dollars, for three ...

math - At a certain grocery store, "a" customers each spend an average of $30 ...

Math - A man goes into a store and says, " If you give me as much money as I ...

Working backwards (problem solving) - a store bought some calculators for $400 ...