What is the decay factor that corresponds to a product that decreases its value first by 20%, and than decreases by 40% of its v

Question

3 years ago

6

alue, and finally decreases by 62% of its value?
a.
0.22
c.
0.1824
b.
0.0496
d.
0.62

1 answer:

irakobra [83] · Answer 1 · 2022-05-17T09:41:30+03:00

Answer:

c.

0.1824

Step-by-step explanation:

The computation of the decay factor is as follows;

= (1 - decrease percentage) × (1 - decrease percentage) × (1 - decrease percentage)

= (1 - 0.2) × (1 - 0.4) × (1 - 0.62)

= (0.8) × (0.6) × (0.38)

= 0.1824

hence, the decay factor is 0.1824

Therefore the option c is correct