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N(x)=7(0.067)^x What is the rate of decay, as a percent, for the following function?

N(x)=7(0.067)^x What is the rate of decay, as a percent, for the following function?
asked 190k views
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N(x)=7(0.067)^x
What is the rate of decay, as a percent, for the following function?

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User Fdomig
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1 Answer

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A=P(r)^t
t=time
p=present amount
r=rate

therefor 0.067 is the rate of decay or 6.7%
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User Ado Ren
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