SOLUTION: The number of customers visiting a local business is 48961 and has been continuously declining at the rate of 2.5 percent each year. What is the approximate number of customer in 1

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Question 1096418: The number of customers visiting a local business is 48961 and has been continuously declining at the rate of 2.5 percent each year. What is the approximate number of customer in 13 years?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
It will be 48961(.975)^13
the .975 is the decline of 2.5%
=35,230, rounded.