Answer:
the common ratio is 0.98.
Explanation:
A fish population in a lake decreases by 2% each year. We are asked to find the common ratio.
The decrease of population of fish 2% annually means the population becomes next year 100% - 2% = 98%
Therefore, the common ratio would be 98%. Upon converting 98 percent to a decimal we will get,
98% =
Therefore, the common ratio or decay factor is 0.98.