What is
51200(1-.038)^14 ?
51200 customers customers decline each year by 3.8% what is the approx # of cust after 14 years
2 answers
3.8 % = 3.8 / 100 = 0.038
1-0.038 = 0.962
51200 * 0.962^14 = 51200 * 0.5813678462292 = 29766.03372693504
approx. 29766
1-0.038 = 0.962
51200 * 0.962^14 = 51200 * 0.5813678462292 = 29766.03372693504
approx. 29766