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The number of customers that visit a local small business is 51,200 and has been continuously declining at a rate of 3.8% each year. What is the approximate number of customers that visit the business in 14 years

  • math - ,

    Each year decrease 3.8 per cent,so n years remain 51200*(1-0.038)^n,

    ans: 51200(1-0.038)^14
    =29766 customers (corr. to the nearest integer)

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