An oil well produced $4,000,000 of income its first year. Each year thereafter, the well produced 3/4
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An oil well produced $4,000,000 of income its first year. Each year thereafter, the well produced 3/4 as much income as the previous year. What is the total amount of income produced by the well in 8 years?
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The yearly incomes produced by the well form a geometric sequence ...View the full answer
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