The Monthly Percentage Decay Rate for a Certain Exponential Function

question 4

Multiple Choice

The monthly percentage decay rate for a certain exponential function is 6%.By what percentage does the function decay in a week? (Assume there are four weeks in a month.) Round your answer to two decimal places if necessary. ​

• A) 1.53%
• B) 1.58%
• C) 0.8%
• D) 1.5%

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