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OpenStudy (anonymous):
At Ron's Roller Rink, the number of customers has been decreasing at steady rate of 5% per year. if there were 900 skaters per week in 2000, what is a good estimate for the number skaters per week in 2006 ?
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OpenStudy (rsadhvika):
900(1-.05)^(2006-2000) = 900(1-.05)^(6) = 900(.95)^6
OpenStudy (rsadhvika):
the decay forms a geometric series
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