Okay, here we have this:
According with the provided info we obtain the following:
[tex]\begin{gathered} y(t)=500(1-0.12)^t \\ y(t)=500(0.88)^t \end{gathered}[/tex]Where "t" represents the number of breaths.
Now, let's calculate how much of the original air is present after
24 breaths, so we are going to replace t with 24:
[tex]y(t)=500(0.88)^{24}[/tex]