A certain quantity has a century decay factor of 0.1. What is its yearly decay factor? (Round your answer to two decimal places.)

Guest Mar 28, 2020

#1**0 **

I am not 100% as I am learning about this too so here I go. a=1-r is the decay formula a=1-.1=.9 .9^12=.282429=.28 rounded to two decimal places. I raised the.9 to the 12th because there are 12 months in 1 year. Do you have multiple attempts?

Shaezy Mar 28, 2020

#2**+1 **

(.1)^{ 1} = (1-r)^{100 }century decay factor = yearly decay factor^{100}

^{ } .1 = (1-r)^{100 }(1-r) = yearly decay factor = .977237221

ElectricPavlov Mar 28, 2020