Using an exponential function, it is found that:
a) The base is of 0.877.
b) The half-life of cobalt-60 is of 5.3 years.
A decaying exponential function is modeled by:
[tex]A(t) = A(0)(1 - r)^t[/tex]
In which:
Item a:
Each year the amount present is reduced by 12.3%, hence [tex]r = 0.123[/tex], and the base is:
[tex]1 - r = 1 - 0.123 = 0.877[/tex]
Item b:
This is t for which A(t) = 0.5A(0), hence:
[tex]A(t) = A(0)(0.877)^t[/tex]
[tex]0.5A(0) = A(0)(0.877)^t[/tex]
[tex](0.877)^t = 0.5[/tex]
[tex]\log{(0.877)^t} = \log{0.5}[/tex]
[tex]t\log{0.877} = \log{0.5}[/tex]
[tex]t = \frac{\log{0.5}}{\log{0.877}}[/tex]
[tex]t = 5.3[/tex]
The half-life of cobalt-60 is of 5.3 years.
You can learn more about exponential functions at https://brainly.com/question/25537936