A student was trying to write an exponential function to represent a fish population in a local stream decreasing at a rate of 4% per year. The original population was 48,000. The student made an error when writing their exponential function.
The correct exponential function to represent the fish population would be:
P(t) = 48000 * (0.96)^t
where P(t) is the population at time t in years.