QUESTION IMAGE
Question
write a function in terms of t that represents the situation. a population of 100,000 decreases by 2% each year. y = \square
Step1: Identify the formula for exponential decay
The general formula for exponential decay is \( y = a(1 - r)^t \), where \( a \) is the initial amount, \( r \) is the rate of decrease (in decimal form), and \( t \) is the time.
Step2: Determine the values of \( a \) and \( r \)
Here, the initial population \( a = 100000 \), and the rate of decrease \( r = 2\% = 0.02 \).
Step3: Substitute the values into the formula
Substituting \( a = 100000 \) and \( r = 0.02 \) into the exponential decay formula, we get \( y = 100000(1 - 0.02)^t \).
Simplifying \( 1 - 0.02 \) gives \( 0.98 \), so the function becomes \( y = 100000(0.98)^t \).
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\( y = 100000(0.98)^t \)