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Y=8200(0.96)^x growth or decay find

Y=8200(0.96)^x growth or decay find
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5 votes
Y=8200(0.96)^x growth or decay find

User Vitalii Vitrenko
by
8.8k points

1 Answer

7 votes

Answer:

This would be a .04 or 4% decay.....

for every "time unit" (x in this case) you will be multiplying

the amount by .96 ... in other words if you started with one dollar

the results would be 96 cents... after two "time" steps you would have

only 92 cents (.96 *.96)

Explanation:

User Tandraschko
by
8.2k points
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