Raymond B. answered 04/24/22
Math, microeconomics or criminal justice
1193(1-.03)^2
= 1193(.97)^2
=1193(.9409)
= 1122.49 kg after 2 days
97% remaining after one day
94.09% remaining after two days
but for continous decay, use an exponential function
A =Pe^rt where r=percentage decay rate per day and t = number of days, e= about 2.718
A = 1193e^-.03(2)
= 1193(e^-.06)
1193(.9418)
= 1123.53 kg after 2 days
94.18% remaining after 2 days
the difference is similar to interest compounded continuously or compounded daily,
with a negative interest rate