Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Average Rate of Change
Instantaneous Rate of Change
Formulas
A(t) = 11.14(1.023)^t
Average Rate of Change = (A(t2) - A(t1)) / (t2 - t1)
Instantaneous Rate of Change = dA/dt = 11.14 * ln(1.023) * (1.023)^t
Theorems
Derivative of Exponential Functions
Rates of Change
Suitable Grade Level
Grades 10-12 (High School)
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