To model the decline of the elephant herd, we can use the formula for exponential decay, which is given by:
\[ y = y_0 \cdot (1 - r)^t \]
Where:
- \( y_0 \) is the initial quantity (62 elephants in this case),
- \( r \) is the decay rate (4% or 0.04),
- \( t \) is the time in years.
Since the herd is declining at a rate of 4% per year, \( (1 - r) \) would be \( 1 - 0.04 = 0.96 \).
So the exponential decay function can be written as:
\[ y = 62 \cdot (0.96)^t \]
Therefore, the correct response is:
y = 62(0.96)^t