Math Problem Statement
An advertising company designs a campaign to introduce a new product to a metropolitan area. The company determines that 1000 people are aware of the product at the beginning of the campaign. The number of new people aware increases by 40 % every 10 days during the advertising campaign. Determine the total number of people who will be aware of the product after 100 days
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Algebra
Formulas
Exponential Growth Formula: A(t) = A_0 * (1 + r)^t
Theorems
Exponential Growth Theorem
Suitable Grade Level
Grades 9-12
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