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  3. given the equation, y = 3(0.87)^x, where y is the

Given the equation, y = 3(0.87)^x, where y is the amount of money in thousands...

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Given the equation, y = 3(0.87)^x, where y is the amount of money in thousands in x years, describe what is happening?o The amount of money is decreasing at a rate of 87 per yearo The amount of money is decreasing at a rate of 13% per yearo The amount of money is decreasing at a rate of 87% per yearo The amount of money is decreasing at a rate of 13 per year

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