Use the Exponential Decay Formula to Find the Final Amount

question 100

Multiple Choice

Use the exponential decay formula to find the final amount. Round to the nearest whole.
- $\begin{array}{c|c|c|c}\begin{array}{c}\text { Original } \\\text { Amount }\end{array} & \begin{array}{c}\text { Decay } \\\text { Rate per Year }\end{array} & \begin{array}{c}\text { Number } \\\text { of Years, } \times\end{array} & \begin{array}{c}\text { Final Amount after } \\\text { x Years of Decay }\end{array} \\\hline 207 & 4 \% & 7 &\end{array}$

• A) 291
• B) 155
• C) 272
• D) 156