Answer:
<h3>2min/customer</h3>
Step-by-step explanation:
If 8 customers entered a store over the course of 16 minutes, then;
8 customers = 16 minutes.
The rate at which the customers are entering is expressed as;
Rate = Time (in minutes)/amount of customers;
Given
Time = 16 minutes
Amount of customers = 8 customers
Rate = 16min/8customers
Rate = 2min/customer
Hence the rate at which the customers entering the store in minutes per customer is 2min/customer.
Answer:
Final amount of customers =30141.44
Step-by-step explanation:
Amount of customer remaining
A= p(1-r/n)^(nt)
P= initial amount of customers
R= rate but it's a negative rate
N= number of times
T= number of years
A= final amount of customers
A= p(1-r/n)^(nt)
A= 51200(1-0.038/14)^(14*14)
A= 51200(1-0.0027)^196
A= 51200(0.9973)^196
A= 51200(0.5887)
A= 30141.44
