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Question
question
currently, the number of brownies sold at a bake sale is 36. it is estimated that the number of brownies sold will decrease by 2% each hour. find the total number of brownies sold at the end of 7 hours. (round your answer to the nearest whole number.)
provide your answer below:
Step1: Identify the formula
The formula for exponential decay is $A = P(1 - r)^t$, where $P$ is the initial amount, $r$ is the rate of decay as a decimal, and $t$ is the time. Here, $P = 36$, $r=0.02$, and $t = 7$.
Step2: Substitute the values
$A=36\times(1 - 0.02)^7=36\times0.98^7$.
Step3: Calculate $0.98^7$
$0.98^7\approx0.8681$.
Step4: Calculate $A$
$A = 36\times0.8681\approx31.25$.
Step5: Round to the nearest whole number
Rounding $31.25$ to the nearest whole number gives 29.
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29