In 1923, koalas were introduced on Kangaroo Island off the coast of Australia. In 1996, the population was 5000. By 2005, the population had grown to 27,000, prompting a debate on how to control their growth and avoid koalas dying of starvation. Assuming exponential growth, find the (continuous) rate of growth of the koala population between 1996 and 2005. Find a formula for the population as a function of the number of years since 1996, and estimate the population in the year 2020.
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