Join IDNLearn.com and become part of a knowledge-sharing community that thrives on curiosity. Join our Q&A platform to receive prompt and accurate responses from knowledgeable professionals in various fields.
Answer:
A=250
r= 15%
Step-by-step explanation:
Given data
We have the function
y = 250(.85)^6------------1
The given function is the same as the exponential decrease
function
P=A(b)^t---------------------2
Note
b= 1-r= 1-0.15
b= 0.85
When we compare both 1 and 2 above
A=250
r= 15%