The percentage of patients P who have survived t years after initial diagnosis of advanced-stage pancreatic cancer

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The percentage of patients P who have survived t years after initial diagnosis of advanced-stage pancreatic cancer is modeled by the function P(t) = 100 · 0.3t

(a) According to the model, what percent of patients survive 1 year after initial diagnosis?

(b) What percent of patients survive 2 years after initial diagnosis?

(c) Explain the meaning of the base 0.3 in the context of this problem.

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