A small nest of wasps has an exponential growth rate of 13% per month. If the nest currently has 5,000 wasps, the situation can be modeled by the equation w(t)=5,000(1.13)^t , where w is the number of wasps after time t months. Which of the following statements is true about the equation?(1 point) Responses As t increases, w decreases slowly at first and then quickly. As t increases, w decreases slowly at first and then quickly. As t increases, w decreases quickly at first and then slowly. As t increases, w decreases quickly at first and then slowly. As t increases, w increases slowly at first and then quickly. As t increases, w increases slowly at first and then quickly. As t increases, w increases quickly at first and then slowly.

The correct statement is: As t increases, w increases quickly at first and then slowly.