To evaluate the statements about the function \( a(t) = 500(0.8)^t \), we can go through each option:
Option #1: As \( t \) increases, \( a \) increases slowly at first and then quickly.
This is incorrect because the function is decreasing exponentially, not increasing. As \( t \) increases, \( a(t) \) decreases.
Option #2: The y-intercept of the function is \( (0,500) \).
This is correct. When \( t = 0 \), \( a(0) = 500(0.8)^0 = 500 \). Therefore, the y-intercept is indeed \( (0,500) \).
Option #3: The range includes all real numbers.
This is incorrect. The range of the function is \( (0, 500] \), meaning it includes values greater than 0 and up to 500 but does not include all real numbers.
Thus, the true statement is:
Option #2.