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After purchasing a home for $160,00 the homeowner noticed the suggested value of her house was depreciating by 5% each year. What is the decay factor for this situation? A 0.05 …

After purchasing a home for $160,00 the homeowner noticed the suggested value of her house was depreciating by 5% each year. What is the decay factor for this situation? A 0.05 …
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After purchasing a home for $160,00 the homeowner noticed the suggested value of her house was depreciating by 5% each year.

What is the decay factor for this situation?



A
0.05

B
0.50

C
0.95

D
1.05

User Miladiouss
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1 Answer

5 votes
The answer is A! Hoped I was able to help you out !bjjucyuvvhhhhhhhhhuuu
User Williamvicary
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