A large company put out an advertisement in a magazine for a job opening. The first day the magazine was published the company got 160 responses, but the responses were declining by 15% each day. Assuming the pattern continued, how many total responses would the company get over the course of the first 5 days after the magazine was published, to the nearest whole number?Answer:
Q. A large company put out an advertisement in a magazine for a job opening. The first day the magazine was published the company got 160 responses, but the responses were declining by 15% each day. Assuming the pattern continued, how many total responses would the company get over the course of the first 5 days after the magazine was published, to the nearest whole number?Answer:
Determine Number of Responses: Determine the number of responses on the first day.The company received 160 responses on the first day.
Calculate Second Day Responses: Calculate the number of responses on the second day.The responses are declining by 15% each day. To find the number of responses on the second day, we calculate 15% of 160 and subtract it from 160.15% of 160=0.15×160=24Responses on the second day = 160−24=136
Calculate Third Day Responses: Calculate the number of responses on the third day.We apply the same 15% decline to the number of responses from the second day.15% of 136=0.15×136=20.4Responses on the third day = 136−20.4=115.6, which we round to the nearest whole number, 116.
Calculate Fourth Day Responses: Calculate the number of responses on the fourth day.Again, we apply the 15% decline to the number of responses from the third day.15% of 116=0.15×116=17.4Responses on the fourth day = 116−17.4=98.6, which we round to the nearest whole number, 99.
Calculate Fifth Day Responses: Calculate the number of responses on the fifth day.We apply the 15% decline to the number of responses from the fourth day.15% of 99=0.15×99=14.85Responses on the fifth day = 99−14.85=84.15, which we round to the nearest whole number, 84.
Add Total Responses: Add up the total number of responses over the first 5 days.Total responses = Responses on the first day + Responses on the second day + Responses on the third day + Responses on the fourth day + Responses on the fifth dayTotal responses =160+136+116+99+84=595
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