A population of lizards decreases exponentially at a rate of 12.5% per year. What is the equivalent monthly rate to the nearest hundredth of a percent?
a. 0.20%
b. 1.04%
c. 1.11%
d. 1.23%
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Home » Mathematics » A population of lizards decreases exponentially at a rate of 12.5% per year. What is the equivalent monthly rate to the nearest hundredth of a percent? a. 0.20% b. 1.04% c. 1.11% d. 1.23%