Math Problem Statement

the number a (in millions) of record albums sold each year in the united states from 1982-1993 can be modeled by a=265(.39) to the power of t identify the initial amount, the decay factor, and the annual percent decrease

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Decay
Algebra

Formulas

Exponential decay formula: a = a_0(b)^t

Theorems

Exponential decay model

Suitable Grade Level

Grades 9-12