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The size of a rat population at the bay area of a certain city grows at a rate of 5% monthly. If there are 250 rats currently, find how many rats (rounded to the nearest whole) should be expected in 12 months. Use P(t)=250(2.7)0.05t, and let t be 12 months.

Remember, since the rate and time are both in months, you do NOT need to convert t to another unit (i.e. years)

P(t)= rats.