An electronic games manufacturer producing a new product estimates the annual sales to be 7000 units. Each year 1% of the units that have been sold will become inoperative. So, 7000 units will be in use

An electronic games manufacturer producing a new product estimates the annual sales to be 7000 units. Each year 1% of the units that have been sold will become inoperative. So, 7000 units will be in use after 1 year, [7000 + 0.99(7000)] units will be in use after 2 years, and so on. How many units will be in use after n years?

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An electronic games manufacturer producing a new product estimates the annual sales to be 7000 units. Each year 1% of the units that have been sold will become inoperative. So, …

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