Read the following scenario, and then answer the question. Juan assumes that the temperature of the hot tea cooling on his desk can be modeled with an exponential function like this one: T(t)=179(0.92)t+75. He bases his assumption on the following: The tea cools about 8% every minute. The tea's current temperature is around 179 degrees Fahrenheit. The room temperature is 75 degrees Fahrenheit.

Which explanation correctly addresses Juan's assumption?

He is correct. The tea will cool exponentially since it cools at a percentage rate every minute.
He is incorrect. The tea will cool linearly since it cools at the same number of degrees every minute.
He is incorrect. The tea will cool along the curve of a parabola since it cools at an increasing percentage rate every minute.