Answer:
A
Explanation:
The sequence of payment is geometric , that is
1, 3, 9, ...
The sum to n terms of a geometric sequence is
=
![(a(r^(n)-1) )/(r-1)](https://img.qammunity.org/2022/formulas/mathematics/high-school/q3x46egd46bzzj123lexydvhn3a5yrd9hx.png)
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