Raymond B. answered 04/28/23
Math, microeconomics or criminal justice
1.3 = 350e^19r
1.3/350 = e^19r
take natural logs of both sides, then divide by 19
r = ln(1.3/350)/19
r = about -.2945= annual percentage decrease = 29.45%
1/2 = e^-.2945t
t = ln.5/-.2945
t = 2.778 years = half life