Answer :
Answer: 400000 * (0.83)^3
Step-by-step explanation:
A yearly decline of 17% means the number sold is getting MULTIPLIED by (1-17%) = (100%-17%) = 83% = 0.83. The number sold 3 years from now will be
400000 * (0.83)^3
Answer:
228715 CD
Step-by-step explanation:
In the first year the sale would be ;
100-17 / 100 × 400,000= 83/100 × 400,000 = 332000 CD.
In the second year the sale would be;
83/100 × 332000 CD= 275560CD
In the third year the sale would be;
83/100 × 275560CD = 228714 .8 CD
It's approximated to the nearest whole.
228715 CD