The decline in the number of farms means there is a reduction in the number of farms
The number of US farms after 5 years is 3584818
The equation that represents the number of farms is given as:
[tex]y=3962000e^{-0.02t[/tex]
After 5 years, the value of t is 5.
So, we have:
[tex]y=3962000e^{-0.02*5[/tex]
Evaluate the product
[tex]y=3962000e^{-0.1[/tex]
Evaluate the exponent
[tex]y=3962000*0.9048[/tex]
Evaluate the product
[tex]y=3584817.6[/tex]
Approximate
[tex]y=3584818[/tex]
Hence, the number of US farms after 5 years is 3584818
Read more about exponential equations at:
https://brainly.com/question/11832081