SOLUTION: CD players are going out of fashion in the modern era. If 400,000 CD players were sold this year and sales are declining at a rate of 17% per year, how many will be sold 3 years fr

Question 1149138: CD players are going out of fashion in the modern era. If 400,000 CD players were sold this year and sales are declining at a rate of 17% per year, how many will be sold 3 years from now?

Answer by greenestamps(13200) (Show Source): You can put this solution on YOUR website!

A yearly decline of 17% means the number sold is getting MULTIPLIED by (1-17%) = (100%-17%) = 83% = 0.83. The number sold 3 years from now will be

Use a calculator....

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