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