Question

The population of bees in a certain county is changing according to the equation , where y = population in billions and t = time in years. Which statement describes how the bee population is changing?

1.
The population is decreasing at a rate of 96% per year.
2.
The population is increasing at a rate of 96% per year.
3.
The population is increasing at a rate of 4% per year.
4.
The population is decreasing at a rate of 4% per year.

Answer 1

Option 1 is correct if your equation is
  p(t) = p0*0.04^t

Option 2 is correct if your equation is
  p(t) = p0*1.96^t

Option 3 is correct if your equation is
  p(t) = p0*1.04^t

Option 4 is correct if your equation is
  p(t) = p0*0.96^t

_____
Based on the ways the equation can be interpreted and misinterpreted, we suspect your equation matches that of Option 4. Since you have not shown your equation, we can't tell for sure.

Answer 2

The statement that describes how the bee population is changing is The population is increasing at a rate of 96% per year. Option 2 is correct.