Solved

The Monthly Percentage Decay Rate for a Certain Exponential Function

Question 4

Multiple Choice

The monthly percentage decay rate for a certain exponential function is 6%.By what percentage does the function decay in a week? (Assume there are four weeks in a month.) Round your answer to two decimal places if necessary. ​


A) 1.53%
B) 1.58%
C) 0.8%
D) 1.5%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: A population N declines by 7% each

Q2: A function shows constant percentage decay.Which of

Q3: A radioactive substance is decaying at a

Q5: If a function increases by 5% each

Q6: Next year's value of a certain quantity

Q7: The graph of a function that shows

Q8: If I get a 5% raise each

Q9: A function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7296/.jpg" alt="A function

Q10: The initial value of one function is

Q11: If a function has constant percentage decrease,