The population of a small town, , can be modeled by the function , where is the number of years after 2010. Based on the model, which of the following statements best interprets the equation ?
In the year 2018, the estimated population of the town is 17,574.
The population of the town increased by approximately 17,574 people in 8 years.
The population of the town was 8 people in the year 17574.
The population of the town is expected to reach 17,574 in 8 years from now.
