The population of a town after t years is represented by the function f(t)=19,350(0.976)t . finals ! what does the value 0.976 represent in this situation? the population of the town decreases by 0.976 each year. the population of the town is 0.976 times the population of the town in the previous year. the population of the town increases by 0.976 each year. the initial population of the town is 0.976.