Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. given the equation, y = 3(0.87)? , where y is the

Given the equation, y = 3(0.87)? , where y is the amount of money in...

60.1K

Verified Solution

Question

Basic Math

image

Given the equation, y = 3(0.87)? , where y is the amount of money in thousands in x years, describe what is happening?(1) The amount of money is decreasing at a rate of 87 per year(2) The amount of money is decreasing at a rate of 13% per year(3) The amount of money is decreasing at a rate of 13 per year(4) The amount of money is decreasing at a rate of 87% per year

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

What is fitness? Explain why fitness involves all your relatives, not just your offspring.

Electrical Engineering
1.2K views

Good morning, Can you introduce some basis knowledge about operational amplifier? Thank you!!

Biology
1.2K views

Identify the INCORECT statement regarding local blood flow in the brain.Prostaglandin (PGE2) released at the...

Physics
1.2K views

VM 48 A battery of emf E and internal resistance r is connected across a...

Geometry
1.2K views

What is the distance between points A 4 3 and B 2 4 A 53...

Basic Math
1.2K views

A cylinder has a diameter of 2 units and a height of 4 units find...

Basic Math
1.2K views

118 and 21 Two numbers are between 10 and 20 Their greatest common factors 3...

Basic Math
1.2K views

An object was removed from a furnace and placed in a room with a constant...

Calculus
1.2K views

Find the derivative of the function f t 4 tant f t

Accounting
1.2K views

Cullumber Sells is unable to reconcile the bank balance at January 31. Cullumber's reconciliation is...

Finance
1.2K views

international finance corporation (IFC) a member of the world bank group has played a pivotal...

Accounting
1.2K views

Show how got the answers Milestone Two - Contribution Margin Analysis