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
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