109k views
4 votes
Dana deposits $1000 into a savings account. Suppose she withdraws 1/10 of her balance each month. Write an exponential decay equation to model this simulation. What will be dana's balance in five months?

1 Answer

6 votes
1000x-100m 1000x is the the staring amount and the m is the amount you take out a month
User Derek Lewis
by
7.5k points