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The use of CDs has been declining at a rate of 19% every year. At this rate, if there are 109,750 CDs in Buffalo this year, how many are there likely to be in 19 years?

The use of CDs has been declining at a rate of 19% every year. At this rate, if there are 109,750 CDs in Buffalo this year, how many are there likely to be in 19 years?
asked 7.8k views
1 vote
The use of CDs has been declining at a rate of 19% every year. At this

rate, if there are 109,750 CDs in Buffalo this year, how many are there
likely to be in 19 years?

asked
User Holz
by
7.3k points

1 Answer

3 votes

Answer:

see below

Explanation:

109750 * (1-19%)^19 =109750*0.018248 = 2002

answered
User Kumar Santanu
by
8.9k points
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