For t≥1, the size P of a bacterial colony (in thousands of cells) is modeled by P(t)=Ae0.5(t−1), where t is in days. If P(4)=1.6, what is the value of A, the colony size at t=1 day?
a) 0.22 thousand cells
b) 4.48 thousand cells
c) 0.36 thousand cells
d) 0.74 thousand cells