Question

The local newspaper in Danville has seen its subscription go down 10% each year. The paper currently has 70,000 subscribers. How many subscribers will the paper have in 10 years?

Answer 1

`24408`

Explanation:

GIVEN: The local newspaper in Danville has seen its subscription go down
`10\%` each year. The paper currently has
`70000` subscribers.

TO FIND: How many subscribers will the paper have in
`10` years

SOLUTION:

Total subscribers newspaper have now
`=70,000`

rate of decline o subscribers in newspaper
`=10\%`

total subscriber after 1 year
`=70,000-(10)/(100)*70,000=63,000`

total subscriber after 2 year
`=63,000-(10)/(100)*63,000=56,700`

total subscriber after 3 year
`=56,700-(10)/(100)*56,700=51030`

total subscriber after 4 year
`=51,030-(10)/(100)*51,030=45927`

total subscriber after 5 year
`=45,927-(10)/(100)*45,927\approx41334`

total subscriber after 6 year
`=41,334-(10)/(100)*41,334\approx37201`

total subscriber after 7 year
`=37,201-(10)/(100)*37,201\approx33,481`

total subscriber after 8 year
`=33,481-(10)/(100)*33,481\approx30,133`

total subscriber after 9 year
`=30,133-(10)/(100)*30,133\approx27120`

total subscriber after 10 year
`=27,120-(10)/(100)*27,120\approx24408`

Hence the total subscribers in
`10` years will be
`24408`