Answer:
a = 8
r = 85%
y = 4.913
Step-by-step explanation:
For a, the exponential decay function is y=a*r^t. In order to find the initial amount, you are solving for when t = 0 or, y(0). Thus, t, or time, is 0. Solve the equation with time of 0.
y = 8(1-0.15)^0 = 8*1 (anything to the 0 power equals 1)
a = 8 is the initial amount
In order to solve for r, you need to solve (1 - 0.15) = 0.85. Now, multiply by 100 to get the percent 100 * 0.85 = 85%
Lastly, when t = 3 solve the equation filling in the exponent, t with 3 like below:
y = 8(1-0.15)^3 (PEMDAS; parenthesis and exponents first)
y = 8(0.85)^3 = 8*(0.614125)
y = 4.913