4
QuizMultiple Choice

Exponential Decay Functions

Question 4 of 10 • FL-1200710-Mathematics for College Algebra A

Hal is asked to write an exponential function to represent the value of a $10,000 investment decreasing at 2% annually. What multiplicative rate of change should Hal use in his function?

Answer
A
0.02
B
0.98
C
1.02
D
1.98
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