The Monthly Percentage Decay Rate for a Certain Exponential Function

question 93

Multiple Choice

The monthly percentage decay rate for a certain exponential function is 6%. By what per- centage does the function decay in a week? (Assume there are four weeks in a month.)

• A) 1.53%
• B) 2.21%
• C) 1.27%
• D) 1.5%

---

Definitions:

Percentage Of Idle Time

The proportion of time that resources remain unutilized during the production process.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

Financial

Relating to money or how money is managed, including aspects such as investments, expenses, and revenue generation.

Customer

An individual or entity that purchases goods or services from another entity, forming the basis of the business's revenue.