The local school district plans to build a new school addition for $962,300. According to the local economic development president, 67% of each dollar spent will be “re-spent” in the local community. Based on this prediction, calculate the maximum overall impact of this building project. Round your answer to the nearest $100. Group of answer choices $2,916,100 $995,000 $1,953,800 $2,948,800

The local school district plans to build a new school addition for $962,300. According to the local economic development president, 67% of each dollar spent will be “re-spent” in the local community. Based on this prediction, calculate the maximum overall impact of this building project. Round your answer to the nearest $100. Group of answer choices $2,916,100 $995,000 $1,953,800 $2,948,800

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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