You plan to charge $10 per shirt for the first 50 shirts. If you order more than $50 shirts you plan to sell each shirt for $8 e
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Answer:
Rate of Decay = 8%
Step-by-step explanation:
The decay formula is:
Where F is the final value (here, it is given as "Y")
P is the initial value (here, given as 20,000)
r is the rate of decay (what we need to find)
t is the time (given as 2)
Comparing both the equations:
We see that:
1 - r =0.92
We solve for "r":
1 - 0.92 = r
0.08 = r
The rate of decay is 0.08, as a percentage, we need to multiply by 100, so we have:
0.08 * 100 = 8%
Rate of Decay = 8%
<span>As x approaches positive infinity, f(x) approaches negative infinity, since the graph goes down</span>
