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)