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The population of a nearly extinct species is decreasing exponentially.
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Exponential growth/decay is modeled by the differential equation, \[\frac{dy}{dt}=ky\] and hence its general solution, \[y(t)=Ce^{kt}\] which describes growth if \(k>0\) and decay if \(k<0\). Notice that when \(t=0\) (at the initial time), you have \(y(0)=Ce^0=C\), which would indicate that \(C\) is the initial population. So, when \(C=350\), and you know that after five years (\(t=5\)) the population drops to \(y(5)=320\), you have the following equation: \[320=350e^{5k}\] From here, you can solve for \(k\), then plug into the DE and figure out the rate of decrease.
What is DE?
"Differential equation"
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