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The function $f(t)=4900(0.94)^{24 t}$ represents the change in a quantity over $t$ days. What does the constant 0.94 reveal about the rate of change of the quantity?
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The function is exponentially at a rate of $\square \%$ every
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This is because 1 - 0.94 = 0.06, which corresponds to a 6% decrease.

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Step 1 ：The function given is $f(t)=4900(0.94)^{24 t}$.

Step 2 ：The constant 0.94 in the function represents the rate of change of the quantity.

Step 3 ：This indicates that the quantity decreases by 6% every hour (since there are 24 hours in a day).

Step 4 ：This is because 1 - 0.94 = 0.06, which corresponds to a 6% decrease.