Answer:
19%
Explanation:
An exponential relationship is modeled by y = 31(0.81)^x , what is the percent rate of change for this function?
From the above exponential relationship given, we can see that this exponential relationship is an exponential decrease.
Where the formula:
y = a(1 - r)^t
Where a = Initial amount
r = rate of change in percent
t = time in years
y = a(1 - r)^x = y = 31(0.81)^x
1 - r = 0.81
r = 1 - 0.81
r = 0.19
Converting 0.19 × 100
= 19%