The population of a town grows exponentially. After 1 year, the population is 34,560. After 2 years, the population is 37,325. Which equation can be used to predict, y, the number of people living in the town after x years? (Round population values to the nearest whole number.)
A. y = 32,000(1.08)x
B.y = 32,000(0.08)x
C.y = 31,795(1.08)x
D.y = 31,795(0.08)x