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The Monthly Percentage Decay Rate for a Certain Exponential Function

question 4

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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. ​


Definitions:

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and a desire to do a task well.

Extroversion

is a personality trait characterized by outgoing, energetic behavior, where individuals enjoy being with people, participating in social gatherings, and are often perceived as enthusiastic and talkative.

High Agreeableness

A personality trait characterized by kindness, empathy, and a cooperative spirit.

High Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, irritability, and sadness.

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