Math Problem Statement
The population of a village has increased annually at the rate of 25%. If at the end of 3 years it is 10,000, the population in the beginning of the first year
Solution
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Math Problem Analysis
Mathematical Concepts
Compound Interest
Exponential Growth
Formulas
Compound interest formula P = A / (1 + r)^n
Theorems
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Suitable Grade Level
High School
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