Question

a cooking show currently has about 223,000 regular viewers.the number of regular viewers has been decreasing at a rate of 4.7% per year.which is the best prediction for the number of regular viewers the show will have in 6 years?

Answer 1

There would be about 167,056 viewers.

The equation would be written in the form
y = a(1+r)ˣ, where a is the initial amount, r is the rate written as a decimal, and x is the number of time periods.  For our equation, we have:

y = 223000(1-0.047)⁶ = 223000(0.953)⁶ = 167,056.