Which of the following are examples of exponential decay? Select all that apply.

A vehicle depreciates 13% each year.
A tree is doubling in height each year.
An investment earns a 5% interest each year.
Air pressure decreases 12% for every 1000 meters in height.
The population of a town is growing at an annual rate of 3.5%.
A retirement account decreases by $12,000 each year.
A radioactive element has a decay rate of 10%.

A vehicle depreciates 13% each year.

Air pressure decreases 12% for every 1000 meters in height.
A radioactive element has a decay rate of 10%.

explain