Ashley, if it decreases by 20%, that means the new population is 80% of the former.
If we start off with 25,000, then the next year is 25,000(.8) = 20,000. The next year is 20,000(.8) = 16,000.
In other words, year 2 is 25,000(.8)(.8), or 25,000(.8)2.
If t = the number of years, the model is..
P(t) = 25,000(.8)t
I bet you can do the rest!