Rewrite y = a(0.5)^t/12 in the form y = a(1+r)^t or y = a(1-r)^t. Round each value to the nearest hundredth, if necessary. Then state the growth or decay rate.The rate is about %.It is a growth rate.

ANSWER :
[tex]y=a(1-0.5)^{\frac{t}{12}}[/tex]
The rate is about -50%
It is a decay rate
EXPLANATION :
From the problem, we have :
[tex]y=a(0.5)^{\frac{t}{12}}[/tex]Equate the term inside the parenthesis to (1 + r)
[tex]\begin{gathered} 1+r=0.5 \\ r=0.5-1 \\ r=-0.5 \end{gathered}[/tex]r is negative so the equation will be :
[tex]y=a(1-0.5)^{\frac{t}{12}}[/tex]The rate is the variable r x 100 which is -0.5 x 100 = -50%
Since the sign of r is negative, it is a decay rate.