In a certain geographic location, a herd of elephants is declining at a rate of four percent every year. If there are currently 62 elephants in the herd, create an exponential decay function to model the problem. Let Y represent the number of elephants after t years.

2 answers

The exponential decay function to model the problem would be:

Y = 62 * (1 - 0.04)^t

where Y represents the number of elephants after t years.
Options:
A. y = 62(1.04)t
B. y = 62(0.6)t
C. y = 62(0.96)t
D. y = 62(0.04)t