The US Population in 2005 Was Approximately 296 $1.34 \%$ Per Year What Is the Formula For Approximately

Multiple Choice

The US population in 2005 was approximately 296.4 million. Assume the population increases at a rate of $1.34 \%$ per year. What is the formula for $P(t)$ , the population for the United States $t$ years after 2005?

A) $P(t) =296.4(0.0134) ^{t}$
B) $P(t) =296.4(1.0134) ^{t}$
C) $P(t) =296.4 e^{1.0134 t}$
D) $P(t) =296.4 e^{0.0134 t}$