Puerto Rico experienced an annual population decrease of 11.8% when the population was around 3.72 million people. This can be represented by the equation A = 3.72(0.882)t. If this population decline continues, what will be the population of Puerto Rico in the future?

A) 3.72 million people
B) Less than 3.72 million people
C) More than 3.72 million people
D) Cannot be determined

Please choose the most appropriate option.