Answer:
Explanation:
Here, a1 = 0.23 and r = 0.01. Thus, the sum of this infinite series will be
a1 0.23 0.23
------- = ------------- = ----------- = 23/99.
1 - r 1 - 1/100 99/100
Check this by dividing 23 by 99 on a calculator. Result: 0.23232323....