Math Problem Statement
The population of a city decreases by 3.7% per year. If this year's population is 132,000, what will next year's population be, to the nearest individual?
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage change
Arithmetic operations with decimals
Formulas
Population change formula P_next_year = P_this_year * (1 - r)
Theorems
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Suitable Grade Level
Grades 7-9
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