Answer:
The remaining percentage of drug concentration is about 88.7% 2 years after manufacture.
Explanation:
Recall the formula for the decay of a substance at an initial [tex]N_0[/tex] concentration at manufacture:
[tex]N(t)=N_0\,e^{-k\,\,t}[/tex]
where k is the decay rate (in our case 0.06/year), and t is the elapsed time in years. Therefore, after 2 years since manufacture we have:
[tex]N=N_0\,e^{-0.06\,\,(2)}\\N=N_0\,e^{-0.12}\\N/N_0=e^{-0.12}\\N/N_0=0.8869[/tex]
This in percent form is 88.7 %. That is, the remaining percentage of drug concentration is about 88.7% 2 years after manufacture.