1. Mailing chain letters that involve sending money has been declared illegal because most people would receive...

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1. Mailing chain letters that involve sending money has been declared illegal because most people would receive nothing while a comparative few would profit. Suppose the chain letter in Problem 75 were to go through 12 unbroken progressions.

(a) How many people would receive money?

(b) How much money would these people receive as a group?

2. How many letters would be mailed if the chain letter in Problem 75 went through 12 unbroken progressions?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:35 AM

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1. Mailing chain letters that involve sending money has been declared illegal because most people would receive...

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1 a For the first six progressions 1 person will receive ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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