Math Problem Statement

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Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Increase
Percentage Decrease
Simple Interest Calculation

Formulas

Percentage Increase: Final Value = Initial Value * (1 + Percentage)
Percentage Decrease: Final Value = Initial Value * (1 - Percentage)
Simple Interest Formula: I = P * r * t

Theorems

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Suitable Grade Level

Grades 6-8