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Mathematics 21 Online
OpenStudy (anonymous):

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

OpenStudy (anonymous):

I need someone to walk me through the steps of how to solve this

OpenStudy (anonymous):

set up a proportion

OpenStudy (anonymous):

x/37800 = 1.7%/100%

OpenStudy (anonymous):

cross multiply

OpenStudy (anonymous):

(x)100 = (1.7)(100) (x)100= 64260

OpenStudy (anonymous):

the divide 64260 by 100 so you can get (x) by its self

OpenStudy (anonymous):

=642.6 is 1.7 % of the 37800 people

OpenStudy (anonymous):

multiply 624.6 by 12 months and subtract that from 37800 and you get 30088.8

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