A City Is Growing at the Rate Of $0.5 \%$ Annually If There Were

Multiple Choice

A city is growing at the rate of $0.5 \%$ annually. If there were $3,889,000$ residents in the city in 1994 , find how many (to the nearest ten-thousand) were living in that city in 2000. Use $\mathrm{y}=3,889,000(2.7) ^{0.005 t}$

A) $4,040,000$
B) $10,500,000$
C) $4,010,000$
D) 320,000