Posted by brit on .
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?
(1-0.038)^14 * 51200 = roughly 29766.03373.....
So, since we cannot have 0.3373 customers, and because the question wants us to round, we get 29766 customers