algebre

posted by .

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?

  • algebre -

    (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

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Ethic

    Business invest time to attract customers, but some customers are simply not worth having. So some business think that they should fire the customers they lose money on. -Is it acceptable to fire customers who cost you money?
  2. statistics

    A study of checkout lines at the Safeway revealed that between 4-7pm on weekdays there is an average of 4 customers waiting in line. What is the probability that you visit that Safeway during this time period and... 1-no customers …
  3. Data Management

    A store manager believes that 42% of her customers are repeat business (have visited her store within the last two weeks). Assuming she is correct, what is the probability that out of the next 500 customers, between 200 and 250 customers …
  4. statistics

    A state has averaged one small business failure per week over the past several years. Let x denote the number of small business failures in the next eight weeks. Use the Poisson distribution to find P(x ¡Ý 17) if the mean number …
  5. math

    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
  6. precalculus

    Using data from past years, the economists for smith brothers inc determined that the revenue f the company can be modeled by the function R(x)=0.0125x^2+412x. In addition, the function C(x)=12225+0.00135x^2 models the total cost of …
  7. math

    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?
  8. math

    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?
  9. math

    The number of customers that visit a local small business is 37,800 and has been continuously declining at a rate of 1.7% each year. What is the approximate number of customers that visit the business in 12 years?
  10. pre calc

    The number of customers that visit a local small business is 29,600 and has been continuously declining at a rate of 2.9% each year. What is the approximate number of customers that visit the business in 10 years

More Similar Questions