If the number is expected to decline at a rate of 3.7% each year, then each year it will be sold 96.3% from previous amount of newspapers.
From 2015 till 2030 is 15 years. If you want to know how many newspapers will be sold in 2030, then you have to multiply 25,000 by [tex] 0.963^{15}.[/tex]
Thus,
[tex] 25,000\cdot 0.963^{15}=14,201.503185...\approx 14.202.[/tex]
Answer: 14,202 newspapers.
