The population of a town years after 2000 can be modeled by the equation . Which of the following statements is the best interpretation of the number 150 in this equation?
The population of the town in the year 2000 was 150.
The population of the town increases by 150 people each year.
The population of the town increases by 5000 people each year.
The population of the town reached 150 people after 5000 years.
