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
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.5: Translating Sentences Into Equations
Problem 30WE
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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
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