Government Expenditures A government program that

Chapter 9, Problem 109

(choose chapter or problem)

Government Expenditures A government program that currently costs taxpayers $2.5 billion per year is cut back by 20 percent per year. (a) Write an expression for the amount budgeted for this program after years. (b) Compute the budgets for the first 4 years. (c) Determine the convergence or divergence of the sequence of reduced budgets. If the sequence converges, find its limit.

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