Math Problem Statement
A population of 2.5 million is growing exponentially. a) What is the population 13 years later if the population has: continuous growth rate of 12% per year:
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Continuous Growth
Population Modeling
Formulas
P(t) = P_0 * e^(rt)
Theorems
Exponential Growth Theorem
Suitable Grade Level
Grades 10-12
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