Question

The 1997 value of an object was $9500. In 2012, it was worth $5000. The annual percent of decay has been constant. What is the annual percent of decay?
A)
4.37%
B)
3.19%
C)
2.19%
D)
1.19%

Answer 1

\[\frac{ 1997 }{ 9500 }=\frac{ 2012 }{ 5000 }\]