Answer:
The rate of change is 5%.
Step-by-step explanation:
Given : Function ![f(t)=200(0.95)^t](https://tex.z-dn.net/?f=f%28t%29%3D200%280.95%29%5Et)
To find: What is the rate of change?
Solution :
The given function is an exponential function as it is in form ![f(x)=ab^x](https://tex.z-dn.net/?f=f%28x%29%3Dab%5Ex)
in which b is the factor of rate,
If b=1+r then r is the growth rate
If b=1-r then r is the decay rate.
We have given b=0.95
So, 0.95=1-r
r=1-0.95
r=0.05
i.e, It is a decay rate with 5%.
Therefore, The rate of change is 5%.