Asked by mike

51200 customers customers decline each year by 3.8% what is the approx # of cust after 14 years
Answered by Reiny
What is
51200(1-.038)^14 ?
Answered by Anonymous
3.8 % = 3.8 / 100 = 0.038

1-0.038 = 0.962

51200 * 0.962^14 = 51200 * 0.5813678462292 = 29766.03372693504

approx. 29766
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