To analyze the statements about the function \( a(t) = 500(0.8)^t \):
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Option #1: As \( t \) increases, \( a \) increases slowly at first and then quickly.
- This statement is false. The function is a decreasing exponential function, which means that \( a(t) \) decreases as \( t \) increases. Therefore, \( a \) does not increase at all.
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Option #2: The y-intercept of the function is (0,500).
- This statement is true. To find the y-intercept, we evaluate the function at \( t = 0 \): \[ a(0) = 500(0.8)^0 = 500(1) = 500. \] So the y-intercept is indeed (0, 500).
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Option #3: The range includes all real numbers.
- This statement is false. The range of the function \( a(t) \) is from 0 to 500, not all real numbers, since the amount of medicine cannot be negative or exceed 500 mg.
Thus, the correct option is Option #2: The y-intercept of the function is (0, 500).