Advanced Placement (AP), 25.09.2021 02:20, gena75

The average customer for a certain utility company pays $120 per month for utilities. The company plans to decrease utility bills by 3% each year for the next five years. Which of the following can be used to determine the total amount
an average customer will pay for utilities during the next five years?
an arithmetic series
a geometric series
a series that is neither arithmetic nor geometric
O a series that is both arithmetic and geometric

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The average customer for a certain utility company pays $120 per month for utilities. The company pl...