Question

in the function F(t) = 30(0.97)^t, what is the rate of change?

A) 3% growth
B) 3% decay
C) 97% decay
D) 97% growth

Answer 1

A=P(1+r)^t
where r is the rate as a decimal. Find r and multiply by 100 to get the percentage.

Answer 2

your sign will indicate whether it is growth or decay. Positive = growth, negative = decay.

Answer 3

would it be 3?

Answer 4

correct, now you have to see if it is decay or growth

Answer 5

@VeritasVosLiberabit

Answer 6

Im assuming its growth, since its positive. But i really have no clue

Answer 7

1+r = .97
solve for r

Answer 8

r=-0.03

Answer 9

so it would be decay then? @VeritasVosLiberabit

Answer 10

That's it.

Answer 11

thank you :)

Answer 12

you're welcome