Step 1: Understanding the Concept:
After \(n\) half-lives, the remaining fraction is \((\frac{1}{2})^n\). Atoms decayed = Initial - Remaining.
Step 2: Detailed Explanation:
After \(n=5\) half-lives, remaining = \(N \times (\frac{1}{2})^5 = \frac{N}{32}\).
Atoms decayed = \(N - \frac{N}{32} = N(1 - \frac{1}{32}) = \frac{31}{32}N\).
Step 3: Final Answer:
The number of atoms decayed is \(\frac{31}{32} N\).