(a) What is the continuous percent growth rate for P = 130e0.037 with time, t, in years?

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Q: Use the rule of 70 to estimate the years to double at an inflation rate of 4%.

A: Here, rate= 4

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.