Math Problem Statement

In 2000 the population of a district was 750,000. With a continuously compounding growth rate of approximately 4%, what will the population be in 2025?

Round the answer to the nearest whole number, and do not include the unit in your answer.

Provide your answer below

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Growth
Continuous Compounding

Formulas

P(t) = P_0 * e^(rt)

Theorems

Exponential Growth Model

Suitable Grade Level

Grades 10-12