A government program that currently costs taxpayers $4.5 billion per year is cut back by 20 percent
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A government program that currently costs taxpayers $4.5 billion per year is cut back by 20 percent per year.
(a) Write an expression for the amount budgeted for this program after n 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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