The value V, in dollars, of a certain investment after t years is given in the table below. Use exponential regression to determine the yearly percentage decay rate for the investment. Round your answer to two decimal places.
t 1 4 7 10 13 V 1,812.72 1,193.83 786.65 518.40 341.08?
A. 88.95%
B. 87.00%
C. 13.00%
D. 14.43%
Answer: C
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