Transcript text: Use the approximate half-life formula for the case described below. Discuss whether the formula is valid for the case described.\n\nThe production of a gold mine decreases by $5 \\%$ per year. What is the approximate half-life for the production decline? Based on this approximate half-life and assuming that the mine's current annual production is 5000 kilograms, about what will its production be in 9 years?\n\nThe half-life for the production decline is 14 years.\n(Type an integer or a decimal.)\nThe production will be $\\square$ kilogram(s) in 9 years.\n(Round to the nearest whole number as needed.)