Solution:
Given that the first generation has 4 monkeys, the monkey population doubles after generation.
This implies that in the second generation, there are 8 monkeys and 16 monkeys in the third generation.
This gives a geometric sequence, whose explicit formula is expressed as

The common ratio is evaluated as

where

By substitution, we have

Hence, the explicit formula to find the number of monkeys in the nth generation is

The correct option is