Suppose That the Population (In Millions) of Paraguay in 2007 $0.024$

Multiple Choice

Suppose that the population (in millions) of Paraguay in 2007 was 6.7 and that the expected continuous annual rate of change of the population is $0.024$ . Find the exponential growth model $P = C e ^ { k t }$ for the population by letting $t = 0$ correspond to 2000 . Round your answer to four decimal places.

A) $P = 6.7000 e ^ { 0.024 t }$
B) $P = 5.6639 e ^ { 0.024 t }$
C) $P = 5.3984 e ^ { 0.024 t }$
D) $P = 5.8014 e ^ { 0.024 t }$
E) $P = 5.5296 e ^ { 0.024 t }$