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The Formula for an Exponential Function Is y=54×0.94ty = 54 \times 0.94 ^ { t }

Question 14

Multiple Choice

The formula for an exponential function is y=54×0.94ty = 54 \times 0.94 ^ { t } , where The formula for an exponential function is y = 54 \times 0.94 ^ { t } , where is measured in months. Then the monthly percentage decay rate for y is A) 0.94% B) 6.01% C) 0.06% D) 6% is measured in months. Then the monthly percentage decay rate for yy is


A) 0.94%
B) 6.01%
C) 0.06%
D) 6%

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