Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Derivatives
Rate of Change
Formulas
Exponential Function: P(t) = 400(1.065)^t
Derivative of Exponential Function: P'(t) = 400 * ln(1.065) * (1.065)^t
Theorems
Chain Rule
Suitable Grade Level
Grades 10-12
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