Math Problem Statement
If you start with 45 million and then add 45 million every 4 years, how many years would it take to get to 1.6 billion? Reiterate the answer with the original question.
Solution
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Math Problem Analysis
Mathematical Concepts
Arithmetic Sequences
Compound Interest
Formulas
Arithmetic sequence formula: a_n = a + (n - 1) * d
Compound interest formula: A = P * (1 + r)^t
Theorems
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Suitable Grade Level
High School
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