Question

A stock valued at $100 decreases in value by 9.5% each year? What is the function?

Answer 1

Answer:

the function is y= 100-0.095x

Step-by-step explanation:

Step one:

given data

A stock valued at $100 decreases in value by 9.5%

let the number of years be x

Step two:

Hence, the rate of decrease is 0.095

therefore the function is

y= 100-0.095x