The population of a town with an initial population of 62,828 grows at a rate of 2.4% per year. Create an exponential function of the form =₀×(1+)ᵗ.
A. =62,828×(3.4)ᵗ
B. =62,828×(0.952)ᵗ
C. =62,828×(0.976)ᵗ
D. =62,828×(1.024)ᵗ