Problem
Question Watch Video Show Examples 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? Answer Attempt 1 out of 2 The function is exponentially at a rate of $\square \%$ every Submit Answer
Solution
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.
