The percentage given shows that the amount is decreasing by 8%.
From the information given, the function is f(x) = 9,628(0.92)x. This illustrates that the amount is decreasing by 8% she compared to the previous year. This was computed as:
= 1 - 0.92
= 0.08
= 8%
For part B, the percentage change will be:
= (8,972 - 8,074.80)/8972 × 10
= 10%
Therefore, the account recorded a greater percentage change in amount of money over the previous year is account B as 20% is lore than 8%.
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