\( \definecolor{colordef}{RGB}{249,49,84} \definecolor{colorprop}{RGB}{18,102,241} \)
The population of a city is growing exponentially according to \(P(t) = 50\,000 e^{0.04t}\), where \(t\) is in years.
  1. Find the population after 10 years.
  2. How long will it take for the population to reach 100,000?

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