Answer:
-Exponential Decay
-Decay factor is (1-0.05)
Step-by-step explanation:
-Given that the number decreases by a defined rate each year from the initial size by 5%,
-This is an exponential decay function of the form:

Where:
is the quantity/size after time t
is the initial size
is the rate of decay
-Our function can the be written as

Hence, the decay rate/factor is 0.05
#Alternatively
The exponential decay can be of the form:

Where:
y is the size at time x, a is the initial size, x is time and b is the decay factor.
b is of the form 

Hence, the decay factor is (1-0.05)
Answer:
c
Step-by-step explanation:
Answer:
The point of intersection gives the solution set(s) of the associated system.
Step-by-step explanation:
If we have a pair of simultaneous equations in 2 variables in x and y, then the point of intersection is the ordered pair (x,y).
This could be a unique intersection, only one point or infinitely many intersection.
This gives us the solution of the simultaneous equations.
Therefore the significance of the point of intersection of a pair of simultaneous equations is that, it gives us the solution set(s) of the associated system.