Question

The number of newspaper subscriptions currently sold in a city is 15,895. The number of newspaper subscriptions has been decreasing at a rate of 12.8% per year. What is the best prediction for the number of newspaper subscriptions the company will have in 5 years? Round answer to a whole number. Only type the number in the blank, nothing else.

Answer 1

8014 or 8013.59 or 8013.6

Explanation:

15895 x 0.128 =2034.56

15895 -2034.56 = 13860.44 = 1 year

13860.44 x 0.128 = 1774.13632

13860- 1774.13632 = 12085.86368 = 2 year

12085.86368 x 0.128 = 1546.99055104

12085.86368 - 1546.99055104 = 10538.873129 = 3 year

10538.873129 x 0.128 =1348.97576051

10538.873129 - 1348.97576051 = 9189.89736849 = 4 year

9189.89736849 x 0.128=1176.30686317

9189.89736849 - 1176.30686317 = 8013.59050532 = 5 year = 8014