Question

A country commits to decreasing spending for infrastructure in various ways at a rate of 30% per year. At the time of the announcement, the country is spending $12 billion per year. Which graph models the amount of infrastructure spending for future years?

Answer 1

Answer:

You want the curve to be decreasing from left to right since they are decreasing the amount spent so we can eliminate options 2 and 3. The initial amount (when x = 0) has to be 12 so the answer is the last option.