A population of bacteria can be modeled by the function f(t)=1000(0.98)^t, where t represents the time since the population star
ted decaying, and f(t) represents the population of the remaining bacteria at time t. What is the rate of decay for this population? (Please show your work)
Remember that the original exponential formula was y = abx. You will notice that in these new growth and decay functions, the b value (growth factor) has been replaced either by (1 + r) or by (1 - r). The growth "rate" (r) is determined as b = 1 + r.