Mildred collects hats. In 2014, she began with 30 hats, and she plans to increase her collection by 45 percent per year. Write a formula for $h(t)$, the number of hats Mildred will have $t$ years after 2014.

$h(t) =$

How large will her collection be in 2020? Be sure to consider what numerical values make sense in the context of the question.

Hint: