Answer
$2200(0.968)^t$
Work Step by Step
After a 3.2% decrease, we find that the number of items you have will be:
$P=f(t) P_0(1-r)^t\\=2200(1-0.032)^t\\=2200(0.968)^t$
Functions Modeling Change: A Preparation for Calculus, 5th Edition
by Connally, Eric; Hughes-Hallett, Deborah; Gleason, Andrew M.; Cheifetz, Phil C.
Published by
Wiley
ISBN 10:
1118583191
ISBN 13:
978-1-11858-319-7
Chapter 4 - Exponential Functions - Review Exercises and Problems for Chapter Four - Page 176: 7
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