Final answer:
The correct interpretation of the function f(t) = 25,000(1.49)^t is that the initial mouse population is 25,000 and it increases by 49% every year.
Step-by-step explanation:
The exponential function provided represents the population growth of mice. It is given by f(t) = 25,000(1.49)^t where t is the time in years. Upon examining the function, the correct interpretation is that the initial population of mice is 25,000. The population then increases by 49% each year. This is because the base of the exponent, 1.49, represents a 149% total size each year, which means a 49% increase from the original size. Therefore, the initial size is 100% and with the growth, it becomes 149%, which is the 49% annual increase.