Hi Sunshine R
If you using y=abx
a = 280
x = your time in days
Since you are losing substance at a given rate, your decay rate r or b= (1- 0.159).
(1 - r)=(1 - 0.159) does result in a decimal for your decay rate
There other formulas for Exponential Growth and Decay that you can apply as well.
You can the above a try.