Iodine-131 is a radioactive form of iodine. After the crisis at a Japanese nuclear power plant in March 2011, elevated levels of this substance were detected thousands of miles away from Japan. Iodine-131 has a half-life of 8 days. What is the daily decay factor for this substance? (Round your answer to two decimal places.)

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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Chapter4: Exponential Functions
Section4.1: Exponential Growth And Decay
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Iodine-131 is a radioactive form of iodine. After the crisis at a Japanese nuclear power plant in March 2011, elevated levels of this substance were detected thousands of miles away from Japan. Iodine-131 has a half-life of 8 days. What is the daily decay factor for this substance? (Round your answer to two decimal places.)

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