Solve the Problem $$\mathrm { y } = \mathrm { y } 0 \mathrm { e } ^ { - 0.0002 \mathrm { t } }$$

question 407

Multiple Choice

Solve the problem.
-A certain radioactive isotope decays at a rate of 2% per 100 years. If t represents time in years and y represents the amount of the isotope left then the equation for the situation is $$\mathrm { y } = \mathrm { y } 0 \mathrm { e } ^ { - 0.0002 \mathrm { t } }$$ In how many years will
There be 94% of the isotope left?

• A) 300 yr
• B) 256 yr
• C) 600 yr
• D) 309 yr

---

Definitions:

Seasoned New Issue

A seasoned new issue refers to securities offered for sale by a company after the initial public offering, meaning the company already has securities that have been trading in the secondary market.

New Issue

The term for securities that are offered to the public for the first time through an initial public offering (IPO) or a bond issuance.

Prospectus

A formal legal document that is required by and filed with securities regulatory bodies that provides details about an investment offering to the public.

Venture Capital

Financing provided by investors to startup companies and small businesses with long-term growth potential in exchange for an equity stake.