Answer:
A
Explanation:
The sequence of payment is geometric , that is
1, 3, 9, ...
The sum to n terms of a geometric sequence is
=
where a is the first term and r the common ratio
Here a = 1 and r = 3 ÷ 1 = 3 , then
=
=
=
= 7174453 cents and
7174453 ÷ 100 = $71,744.53 → A