Answer:
P(t)= 9000(0.4)^t
Explanation:
Generally, we have an exponential function as follows;
P(t)= I(1 - r)^t
This case represents a decay ( decrease in value)
from what we have;
I represents the initial value, whereas r is the rate of change
From the question, we have that the change rate is the fraction 3/5
Writing this as a decimal, it is 0.6
substituting this back into the equation, we have;
P(t)= I(1-0.6)^t
P(t)= I(0.4)^t
I in this case is 9,000
So we have it that;
P(t) = 9000(0.4)^t