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16 May, 17:59

What is the decay rate of 4 (0.97) ^t

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  1. 16 May, 20:56
    0
    The decay rate is

    1 - r =.97

    Solve for r

    Subtract 1 from both sides

    - r = -.03

    Divide both sides by - 1

    r =.03

    r = 3%
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