The Monthly Percentage Decay Rate for a Certain Exponential Function

question 50

Multiple Choice

The monthly percentage decay rate for a certain exponential function is 8%. By what per- centage does the function decay in a week? (Assume there are four weeks in a month.)

• A) 2.06%
• B) 2.28%
• C) 1.88%
• D) 2%

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