The given constant is 0.935.
The constant 0.935 is less than 1, so it represents a DECAY.
Subtract the constant from 1 to get the decay rate:
The unit of t is hours.
The exponent is t/24.
The reciprocal is 24.
The time frame of rate: 24 hours
This is equivalent to a day.
Hence, the complete statement is:
The function is decaying exponentially at a rate of 6.5% every day.