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Pre-Calculus Exponential and logarithmic functions (advanced)

Exponential models (compound, continuous, decay)

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Question 1
186783
The deer population of a preserve is modeled by \(y=500(0.86)^t\), where \(t\) is the number of years from now. Does the model show \(\textbf{growth or decay}\), and at what percent rate per year?
Decay of \(14\%\) per year

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