Question

The local newspaper in Arlington has seen its subscriptions go down by 6.3% each year. The paper currently has 83,503 subscribers. How many subscribers will the paper have in 10 years?

Answer 1

Explanation:

If the local newspaper in Arlington has seen its subscriptions go down by 6.3% each year, and it currently has 83,503 subscribers, we can use the formula:

subscribers_in_year_n = subscribers_in_year_0 * (1 - rate)^n

Where "subscribers_in_year_0" is the number of subscribers in year 0 (83,503), "rate" is the rate of decline (0.063), and "n" is the number of years in the future (10).

subscribers_in_year_10 = 83,503 * (1 - 0.063)^10

subscribers_in_year_10 = 83,503 * 0.38233986

subscribers_in_year_10 = 31,727.17

So in 10 years, the paper will have 31,727 subscribers.