Fan & Medal.
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
30,770
30,824
32,017
46,354

Question

Fan & Medal.
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 
30,770
30,824
32,017
46,354

twistrose · Answer

What do you think?

leozap1 · Answer

I'm not sure how to solve it, that's why I'm asking. :/

anonymous · Answer

you know its not D

leozap1 · Answer

Yea, I can eliminate it because it depreciates, so the solution will be smaller than the starting number.

anonymous · Answer

30,770. I just did it the long way by subtracting 1.7% from 37,800 and got A.

anonymous · Answer

I did it 12 times... forgot to add that

leozap1 · Answer

Dang, just submitted it and that was wrong. ;-;

leozap1 · Answer

The correct answer was B.

anonymous · Answer

I tried the long way... I forgot the formula for that... I was pretty darn close, but you got to be exact in math or the world blows up...