The number of students using a certain university's online programs has been increasingly exponentially each year since 2010. The number of students n who use the university's online programs t years after 2010 can be modeled using the function n(t)=425(1.14)t

Interpret the meaning of 1.14 in the function n(t) in the context of this situation.(1 point)
Responses

The number of students who study online at the university has increased by 114% each year since 2010.
The number of students who study online at the university has increased by 114% each year since 2010.

The total number of students who attend the university increased by 14% each year since 2010.
The total number of students who attend the university increased by 14% each year since 2010.

The total number of students who attend the university increased by 114% each year since 2010.
The total number of students who attend the university increased by 114% each year since 2010.

The number of students who study online at the university has increased by 14% each year since 2010.

The number of students who study online at the university has increased by 14% each year since 2010.