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    Explorations in College Algebra
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    Exam 5: Growth and Decay: An Introduction to Exponential Functions
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    What Is the Decay Factor for a Business Whose Profit
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What Is the Decay Factor for a Business Whose Profit

Question 112

Question 112

Multiple Choice

What is the decay factor for a business whose profit decreases by 30.5% every 3 years?


A) 0.305
B) 1.305
C) 0.695
D) 69.5

Correct Answer:

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