Seth invested n dollars into an investment fund last year. after a period of one year, the value of his investment can be represented by the expression 0.84n. select the true statement. a. the value of his investment decreased by 16% during this time period. b. an equivalent expression that represents this situation is n - 0.16. c. the value of his investment increased by 84% during this time period. d. an equivalent expression that represents this situation is 1 - 0.16n.

A. The value of his investment decreased by 16% during this time period.

Step-by-step explanation:

To answer this problem, suppose an amount n.

After a year in value of the investment is:

Now we calculate the rate of change of n with the following formula:

The value of the investment decreased by 16% with respect to the initial amount.

The correct answer is the option

A. The value of his investment decreased by 16% during this time period.

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step-by-step explanation:

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