Answer:
349 butterflies
Explanation:
The formula for Exponential Decay =
y = a(1 - r)^t
Where y = Size of population after time t = ?
a = Initial size of population = 500
r = Decay rate = 5%
t = Time = 7 years
Hence,
y = 500(1 - 0.05)⁷
y = 500(0.95)⁷
y = 349.16864805 butterflies.
Approximately = 349 butterflies