An author published a book which was being sold online. The first month the author sold 25300 books, but the sales were declining steadily at \( 10 \% \) each month. If this trend continues, how many total books would the author have sold over the first 20 months, to the nearest whole number?
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To calculate the total number of books sold over the first 20 months with a 10% decline each month, we can model the sales using a geometric series. The first month the author sold 25,300 books, and each subsequent month, sales decrease by 10%. This means in the second month, the sales would be: Sales for month 2 = 25,300 * (1 - 0.10) = 25,300 * 0.90 = 22,770 books. Continuing this, the series of sales for the subsequent months will be: - Month 1: 25,300 - Month 2: 22,770 - Month 3: 20,493 - Month 4: 18,443.7 - ... - Month 20: 25,300 * (0.9)^(19) The total sales after 20 months can be calculated using the formula for the sum of a geometric series: \[ S_n = a \frac{1 - r^n}{1 - r} \] where: - \( S_n \) is the sum of the series, - \( a \) is the first term (25,300), - \( r \) is the common ratio (0.90), - \( n \) is the number of terms (20). Plugging in the values: \[ S_{20} = 25300 \frac{1 - (0.90)^{20}}{1 - 0.90} \] Calculating \( (0.90)^{20} \approx 0.1216 \): \[ S_{20} = 25300 \frac{1 - 0.1216}{0.10} \] \[ S_{20} = 25300 \frac{0.8784}{0.10} \] \[ S_{20} = 25300 \times 8.784 \] \[ S_{20} \approx 222,828.92 \] Rounding to the nearest whole number gives approximately 222,829 books sold over the first 20 months.