EASY 30 POINTS! The population of the town of White Plains has decreased by 2.2 percent per year since 1970. In 1995, the town had a population of approximately 1,200 people. Which of the following functions represents the town’s population, P, y years since 1995?

P(y) = 1,200(−2.2)y
P(y) = 1,200(0.978)y
P(y) = 1,200(−2.2)y − 25
P(y) = 1,200(0.978)y − 25

GIVING BRANLIEST