Answer:
Approximately 28 millions of adults can be expected to cut the cord next year
Step-by-step explanation:
Percentages
If a quantity has a value of V and it's incremented by X%, the new value is
V+increment
the increment is
[tex]\displaystyle V\frac{ X}{100}[/tex]
Thus, the new value is
[tex]\displaystyle V+V\frac{ X}{100}[/tex]
[tex]\displaystyle =V\left(1+\frac{ X}{100}\right)[/tex]
We know 23.1 million adults have cut the cord on cable TV services and that value increases by 20% each year, thus for the next year it can be expected to be
[tex]\displaystyle =23.1 \left(1+\frac{ 20}{100}\right)=27.72\approx 28[/tex]
28 millions of adults can be expected to cut the cord next year
The number of millions of adults can be expected to cut the cord next year should be 28
Given that,
The calculation is as follows:
[tex]= 23.1 \times (1 + 0.20)\\= 23.1 \times 1.20[/tex]
= 27.72
= 28
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