+157 The population of a particular city is given by the function P(t) = 113,200(1.04)^t, where t is the time in years and P(t) is the population after t years. What is the current population, the percentage growth rate, and the population size (rounded to the nearest whole person) after 10 years?
Hint: Percentage Growth Rate = r ⋅ 100 in A = A0(1 + r)^t
A. 113,200, 4% semiannually, 168,209
B. 113,200, 40% semiannually, 679,200
C. 113,200, 10.4% annually, 304,465
D. 113,200, 4% annually, 167,564
