The formula for an exponential function is $y = 54 \times 0.94 ^ { t }$ , where is measured in months. Then the monthly percentage decay rate for $y$ is
A) 0.94%
B) 6.01%
C) 0.06%
D) 6%

Question

The formula for an exponential function is $y = 54 \times 0.94 ^ { t }$ , where  is measured in months. Then the monthly percentage decay rate for $y$ is
A) 0.94% 
B) 6.01% 
C) 0.06% 
D) 6%

Quizplus · Accepted Answer

The Answer of The formula for an exponential function is $y = 54 \times 0.94 ^ { t }$ , where  is measured in months. Then the monthly percentage decay rate for $y$ is
A) 0.94% 
B) 6.01% 
C) 0.06% 
D) 6%

The Formula for an Exponential Function Is y=54×0.94ty = 54 \times 0.94 ^ { t }y=54×0.94t

The Formula for an Exponential Function Is $y = 54 \times 0.94 ^ { t }$