Question

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?

Answer 1

ok so we multiply 2.9 x 10 which is 29 percent
100 - 29 = 71
so in ten years we will have 71 percent of 29600
29600 * .71 = 21016 customers in 10 years