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Math·Advanced Math·Nonlinear functions

hard

The function $P(x)=543(1.013{)}^x$ models the population of a certain town each year from 1959 through 1979, where $x$ is the number of years after 1959. Which of the following is the best interpretation of “$P(5)$ is approximately equal to 579” in this context?

A

The population of the town is estimated to be approximately 579 in 1964.

B

The population of the town is estimated to be approximately 5 greater in 1964 than in 1959.

C

The population of the town is estimated to be approximately 5 times greater in 1964 than in 1959.

D

The population of the town is estimated to increase by approximately 579 every 5 years between 1959 and 1979.