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10 May, 06:23

Muriel purchases a new car for $25,000. The car's value can be modeled by the following exponential function: y = 25000 (0.84) ^t where y represents the car's value and t represents time in years. What is the decay rate expressed as a percentage?

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  1. 10 May, 09:02
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    16%

    Step-by-step explanation:

    if you do 1-0.84 it equals. 16 &.16 as a percentage is 16% so it is decaying at a rate of 16%
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