the yearly profits of a company is 25,000, the profits have been decreasing by 6% per year. write an exponential decay function to represent this

Tchaymore asked Dec 7, 2023

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Tchaymore asked Dec 7, 2023

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The yearly profits of a company is 25,000, the profits have been decreasing by 6% per year. write an exponential decay function to represent this?

Yearly profit = 25000 x e^ -0.06x

John Lockwood answered Dec 13, 2023

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