The population, P, of an animal in a conserved area after, t, years can be modeled by the function P(t) = 40(1.20)'. Select all true statements about the function.
The population of the animal is increasing at a rate of 40 per year.
The population of the animal is increasing at a rate of 80 per year.
The present population of the animal in the conservatory is 20.
The population of the animal is increasing at a rate of 20 percent per year.
The present population of the animal in the conservatory is 40.
O The population of the animal is decreasing at a rate of 80 per year.