HELP 30 POINTS In 2001, 36,500 people attended a public concert. The attendance at the annual event has decreased by 3% each year since. Which equation models the attendance, y, at the event x years after 2001?
A.
y = 36,500 – 0.03x

B.
y = 36,500(0.97)x

C.
y = 36,500(0.03)x

D.
y = 36,500(1.03)x