supposed S= 9 + 9/1.07 + 9/1.07^2 + ...+ 9/1.07^961, Find Value of S. (please break down in step by step)

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 19P
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supposed S= 9 + 9/1.07 + 9/1.07^2 + ...+ 9/1.07^961, Find Value of S. (please break down in step by step)

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