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The Monthly Percentage Decay Rate for a Certain Exponential Function

Question 50

Multiple Choice

The monthly percentage decay rate for a certain exponential function is 8%. By what per- centage does the function decay in a week? (Assume there are four weeks in a month.)


A) 2.06%
B) 2.28%
C) 1.88%
D) 2%

Correct Answer:

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