Math Problem Statement

A major fishing company does its fishing in a local lake. The first year of the company's operations it managed to catch 195,000 fish. Due to population decreases, the number of fish the company was able to catch decreased by 6% each year. How many total fish did the company catch over the first 20 years, to the nearest whole number?

Solution

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Math Problem Analysis

Mathematical Concepts

Geometric Series
Percentage Decrease

Formulas

Sum of Geometric Series

Theorems

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Suitable Grade Level

Grades 10-12