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Please help! A population of lizards decreases exponentially at a rate of 12.5% per year. What is the equivalent monthly rate to the nearest hundredth of a percent? 0.20% 1.04% …

Please help! A population of lizards decreases exponentially at a rate of 12.5% per year. What is the equivalent monthly rate to the nearest hundredth of a percent? 0.20% 1.04% …
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Please help!

A population of lizards decreases exponentially at a rate of 12.5% per year.

What is the equivalent monthly rate to the nearest hundredth of a percent?


0.20%

1.04%

1.11%

1.23%

asked
User Bleenders
by
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2 Answers

4 votes
The correct answer is B
answered
User Abdul Hadi
by
8.5k points
0 votes
The answer would be B) 1.04%
answered
User Brian F
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8.3k points
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