The exponential function is $3.4 million(0.9761)^10.
An exponential function is a function that has the form [tex]y = a^{x}[/tex].
The formula that can be used to determine the value of the stadium after 10 years is:
The formula for calculating future value:
FV = P (1 - r)^n
Where:
FV = Future value
P = Present value
R = rate of decrease
N = number of years
FV = $3.4(1 - 0.0239)^10
FV = $3.4(0.9761)^10
To learn more about future value, please check: https://brainly.com/question/18760477
