Math Problem Statement
If the population of a city is 145 comma 000. If the population declines continuously by 4% per year, what will the population be in 15 years?
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Decay
Continuous Growth and Decay
Population Dynamics
Formulas
P(t) = P_0 * e^(rt)
Theorems
Exponential Decay Theorem
Suitable Grade Level
Grades 10-12
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