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Len [333]
3 years ago
7

An electronic gadget is purchased for $500. Its depreciation rate is 30% per year.

Mathematics
1 answer:
valkas [14]3 years ago
8 0

Answer:

Decay

Step-by-step explanation:

Here, we want to know the kind of exponential function that the problem illustrate

From the question, we are told of a depreciation by 30%’per year

what this mean is that it loses its value at a rate of 30% per year

Hence, we can conclude that the change in value in the next year is 30% less than what we had the year before it

So in this instance, we can conclude that what we have is a decay since we are talking about a loss in value

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