Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Doubling Time
Logarithms
Formulas
P(t) = P_0 * (1 + r)^t
Doubling Time Formula: t = log(2) / log(1 + r)
Theorems
Logarithmic Theorem
Exponential Growth Theorem
Suitable Grade Level
Grades 10-12
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