Replacing into the equation with t = 0, 1 and 14, we get:
And the table is:
t | P(t)
0 | 2600
1 | 2496
14 | 1468
As we can see in the table, the population is decreasing. This is because the base of the exponent, c = 96/100, is less than 1.
The statement P(14) means that t = 14, that is, 14 years have elapsed since 2000. And the population is 1468 students.