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Math·Advanced Math·Nonlinear functions

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The function $P$ defined by $P(t)=19.5(1.036{)}^t$ gives the predicted population, in millions, of a certain country for the period from 1984 to 2018, where $t$ is the number of years after 1984. According to this function, what is the best interpretation of the statement $P(7)$ is approximately equal to $24.98$?

A

In 1984, the predicted population of this country was approximately 7 million.

B

In 1984, the predicted population of this country was approximately 24.98 million.

C

24.98 years after 1984, the predicted population of this country was approximately 7 million.

D

7 years after 1984, the predicted population of this country was approximately 24.98 million.