Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage decrease
Exponential decay
Arithmetic operations
Formulas
Next year's spending = Current spending × (1 - Decrease rate)
Exponential decay formula: Spending in year n = Initial amount × (0.75)^n
Theorems
Percentage decrease application in finance
Exponential decay in spending
Suitable Grade Level
Grades 6-8