Question

This one is tricky:

Answer 1

@Ineedhelplz

Answer 2

Monthly Rate of Decay = (Annual Rate of Decay)/12

Answer 3

Annual Rate of Decay = 8%


Monthly Rate of Decay = (Annual Rate of Decay)/12
Monthly Rate of Decay = (8%)/12
Monthly Rate of Decay = ???

Answer 4

0.08/12

Answer 5

so (8%)/12 = 0.667%

Answer 6

yeah what he/she said^

Answer 7

:)

Answer 8

thank you! this one was super confusing for me and i got .667 too but i thought it was wrong lol thanks!