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?

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  1. The population P after t years is evidently

    P(t) = 37800 * 0.983^t

    so, plug in t=12

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  2. 30770.461

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