Calculus 2012 Student Edition (by Finney/Demana/Waits/Kennedy)
Calculus 2012 Student Edition (by Finney/Demana/Waits/Kennedy)
4th Edition
ISBN: 9780133178579
Author: Ross L. Finney
Publisher: PEARSON
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Chapter 1.3, Problem 43E
To determine

Tofind: The correct option for the time taken to double John’s investment of $200 at rate 4.5% compounded annually.

Expert Solution & Answer
Check Mark

Answer to Problem 43E

The correct option is (D) that is the time taken to double John’s investment is 16yr .

Explanation of Solution

Given information:John invests $200 at rate 4.5% compounded annually.

Calculation:

Use the formula for value of investment compounded annually.

  y=Pert

The value of the investment is equal to double the investment.

  2P=2×200=$400

Substitute $400 for y , $200 for P and 0.045 for r in the above formula.

  400=200e0.045t400200=e0.045t2=e0.045t

Take logarithm on both sides of the equation.

  ln2=lne0.045t0.693=(0.045t)lne0.6930.045=tt=15.4

The nearest value is 16.

Therefore, the correct option is (D) that is the time taken to double John’s investment is 16yr .

Chapter 1 Solutions

Calculus 2012 Student Edition (by Finney/Demana/Waits/Kennedy)

Ch. 1.1 - Prob. 1ECh. 1.1 - Prob. 2ECh. 1.1 - Prob. 3ECh. 1.1 - Prob. 4ECh. 1.1 - Prob. 5ECh. 1.1 - Prob. 6ECh. 1.1 - Prob. 7ECh. 1.1 - Prob. 8ECh. 1.1 - Prob. 9ECh. 1.1 - Prob. 10ECh. 1.1 - Prob. 11ECh. 1.1 - Prob. 12ECh. 1.1 - Prob. 13ECh. 1.1 - Prob. 14ECh. 1.1 - Prob. 15ECh. 1.1 - Prob. 16ECh. 1.1 - Prob. 17ECh. 1.1 - Prob. 18ECh. 1.1 - Prob. 19ECh. 1.1 - Prob. 20ECh. 1.1 - Prob. 21ECh. 1.1 - Prob. 22ECh. 1.1 - Prob. 23ECh. 1.1 - Prob. 24ECh. 1.1 - Prob. 25ECh. 1.1 - Prob. 26ECh. 1.1 - Prob. 27ECh. 1.1 - Prob. 28ECh. 1.1 - Prob. 29ECh. 1.1 - Prob. 30ECh. 1.1 - Prob. 31ECh. 1.1 - Prob. 32ECh. 1.1 - Prob. 33ECh. 1.1 - Prob. 34ECh. 1.1 - Prob. 35ECh. 1.1 - Prob. 36ECh. 1.1 - Prob. 37ECh. 1.1 - Prob. 38ECh. 1.1 - Prob. 39ECh. 1.1 - Prob. 40ECh. 1.1 - Prob. 41ECh. 1.1 - Prob. 42ECh. 1.1 - Prob. 43ECh. 1.1 - Prob. 44ECh. 1.1 - Prob. 45ECh. 1.1 - Prob. 46ECh. 1.1 - Prob. 47ECh. 1.1 - Prob. 48ECh. 1.1 - Prob. 49ECh. 1.1 - Prob. 50ECh. 1.1 - Prob. 51ECh. 1.1 - Prob. 52ECh. 1.1 - Prob. 53ECh. 1.1 - Prob. 54ECh. 1.1 - Prob. 55ECh. 1.1 - Prob. 56ECh. 1.1 - Prob. 57ECh. 1.1 - Prob. 58ECh. 1.2 - Prob. 1QRCh. 1.2 - Prob. 2QRCh. 1.2 - Prob. 3QRCh. 1.2 - Prob. 4QRCh. 1.2 - Prob. 5QRCh. 1.2 - Prob. 6QRCh. 1.2 - Prob. 7QRCh. 1.2 - Prob. 8QRCh. 1.2 - Prob. 9QRCh. 1.2 - Prob. 10QRCh. 1.2 - Prob. 11QRCh. 1.2 - Prob. 12QRCh. 1.2 - Prob. 1ECh. 1.2 - Prob. 2ECh. 1.2 - Prob. 3ECh. 1.2 - Prob. 4ECh. 1.2 - Prob. 5ECh. 1.2 - Prob. 6ECh. 1.2 - Prob. 7ECh. 1.2 - Prob. 8ECh. 1.2 - Prob. 9ECh. 1.2 - Prob. 10ECh. 1.2 - Prob. 11ECh. 1.2 - Prob. 12ECh. 1.2 - Prob. 13ECh. 1.2 - Prob. 14ECh. 1.2 - Prob. 15ECh. 1.2 - Prob. 16ECh. 1.2 - Prob. 17ECh. 1.2 - Prob. 18ECh. 1.2 - Prob. 19ECh. 1.2 - Prob. 20ECh. 1.2 - Prob. 21ECh. 1.2 - Prob. 22ECh. 1.2 - Prob. 23ECh. 1.2 - Prob. 24ECh. 1.2 - Prob. 25ECh. 1.2 - Prob. 26ECh. 1.2 - Prob. 27ECh. 1.2 - Prob. 28ECh. 1.2 - Prob. 29ECh. 1.2 - Prob. 30ECh. 1.2 - Prob. 31ECh. 1.2 - Prob. 32ECh. 1.2 - Prob. 33ECh. 1.2 - Prob. 34ECh. 1.2 - Prob. 35ECh. 1.2 - Prob. 36ECh. 1.2 - Prob. 37ECh. 1.2 - Prob. 38ECh. 1.2 - Prob. 39ECh. 1.2 - Prob. 40ECh. 1.2 - Prob. 41ECh. 1.2 - Prob. 42ECh. 1.2 - Prob. 43ECh. 1.2 - Prob. 44ECh. 1.2 - Prob. 45ECh. 1.2 - Prob. 46ECh. 1.2 - Prob. 47ECh. 1.2 - Prob. 48ECh. 1.2 - Prob. 49ECh. 1.2 - Prob. 50ECh. 1.2 - Prob. 51ECh. 1.2 - Prob. 52ECh. 1.2 - Prob. 53ECh. 1.2 - Prob. 54ECh. 1.2 - Prob. 55ECh. 1.2 - Prob. 56ECh. 1.2 - Prob. 57ECh. 1.2 - Prob. 58ECh. 1.2 - Prob. 59ECh. 1.2 - Prob. 60ECh. 1.2 - Prob. 61ECh. 1.2 - Prob. 62ECh. 1.2 - Prob. 63ECh. 1.2 - Prob. 64ECh. 1.2 - Prob. 65ECh. 1.2 - Prob. 66ECh. 1.2 - Prob. 67ECh. 1.2 - Prob. 68ECh. 1.2 - Prob. 69ECh. 1.2 - Prob. 70ECh. 1.2 - Prob. 71ECh. 1.2 - Prob. 72ECh. 1.3 - Prob. 1QRCh. 1.3 - Prob. 2QRCh. 1.3 - Prob. 3QRCh. 1.3 - Prob. 4QRCh. 1.3 - Prob. 5QRCh. 1.3 - Prob. 6QRCh. 1.3 - Prob. 7QRCh. 1.3 - Prob. 8QRCh. 1.3 - Prob. 9QRCh. 1.3 - Prob. 10QRCh. 1.3 - Prob. 1ECh. 1.3 - Prob. 2ECh. 1.3 - Prob. 3ECh. 1.3 - Prob. 4ECh. 1.3 - Prob. 5ECh. 1.3 - Prob. 6ECh. 1.3 - Prob. 7ECh. 1.3 - Prob. 8ECh. 1.3 - Prob. 9ECh. 1.3 - Prob. 10ECh. 1.3 - Prob. 11ECh. 1.3 - Prob. 12ECh. 1.3 - Prob. 13ECh. 1.3 - Prob. 14ECh. 1.3 - Prob. 15ECh. 1.3 - Prob. 16ECh. 1.3 - Prob. 17ECh. 1.3 - Prob. 18ECh. 1.3 - Prob. 19ECh. 1.3 - Prob. 20ECh. 1.3 - Prob. 21ECh. 1.3 - Prob. 22ECh. 1.3 - Prob. 23ECh. 1.3 - Prob. 24ECh. 1.3 - Prob. 25ECh. 1.3 - Prob. 26ECh. 1.3 - Prob. 27ECh. 1.3 - Prob. 28ECh. 1.3 - Prob. 29ECh. 1.3 - Prob. 30ECh. 1.3 - Prob. 31ECh. 1.3 - Prob. 32ECh. 1.3 - Prob. 33ECh. 1.3 - Prob. 34ECh. 1.3 - Prob. 35ECh. 1.3 - Prob. 36ECh. 1.3 - Prob. 37ECh. 1.3 - Prob. 38ECh. 1.3 - Prob. 39ECh. 1.3 - Prob. 40ECh. 1.3 - Prob. 41ECh. 1.3 - Prob. 42ECh. 1.3 - Prob. 43ECh. 1.3 - Prob. 44ECh. 1.3 - Prob. 45ECh. 1.3 - Prob. 46ECh. 1.3 - Prob. 47ECh. 1.3 - Prob. 48ECh. 1.3 - Prob. 49ECh. 1.3 - Prob. 1QQCh. 1.3 - Prob. 2QQCh. 1.3 - Prob. 3QQCh. 1.3 - Prob. 4QQCh. 1.4 - Prob. 1QRCh. 1.4 - Prob. 2QRCh. 1.4 - Prob. 3QRCh. 1.4 - Prob. 4QRCh. 1.4 - Prob. 5QRCh. 1.4 - Prob. 6QRCh. 1.4 - Prob. 7QRCh. 1.4 - Prob. 8QRCh. 1.4 - Prob. 9QRCh. 1.4 - Prob. 10QRCh. 1.4 - Prob. 1ECh. 1.4 - Prob. 2ECh. 1.4 - Prob. 3ECh. 1.4 - Prob. 4ECh. 1.4 - Prob. 5ECh. 1.4 - Prob. 6ECh. 1.4 - Prob. 7ECh. 1.4 - Prob. 8ECh. 1.4 - Prob. 9ECh. 1.4 - Prob. 10ECh. 1.4 - Prob. 11ECh. 1.4 - Prob. 12ECh. 1.4 - Prob. 13ECh. 1.4 - Prob. 14ECh. 1.4 - Prob. 15ECh. 1.4 - Prob. 16ECh. 1.4 - Prob. 17ECh. 1.4 - Prob. 18ECh. 1.4 - Prob. 19ECh. 1.4 - Prob. 20ECh. 1.4 - Prob. 21ECh. 1.4 - Prob. 22ECh. 1.4 - Prob. 23ECh. 1.4 - Prob. 24ECh. 1.4 - Prob. 25ECh. 1.4 - Prob. 26ECh. 1.4 - Prob. 27ECh. 1.4 - Prob. 28ECh. 1.4 - Prob. 29ECh. 1.4 - Prob. 30ECh. 1.4 - Prob. 31ECh. 1.4 - Prob. 32ECh. 1.4 - Prob. 33ECh. 1.4 - Prob. 34ECh. 1.4 - Prob. 35ECh. 1.4 - Prob. 36ECh. 1.4 - Prob. 37ECh. 1.4 - Prob. 38ECh. 1.4 - Prob. 39ECh. 1.4 - Prob. 40ECh. 1.4 - Prob. 41ECh. 1.4 - Prob. 42ECh. 1.4 - Prob. 43ECh. 1.4 - Prob. 44ECh. 1.4 - Prob. 45ECh. 1.4 - Prob. 46ECh. 1.4 - Prob. 47ECh. 1.4 - Prob. 48ECh. 1.5 - Prob. 1QRCh. 1.5 - Prob. 2QRCh. 1.5 - Prob. 3QRCh. 1.5 - Prob. 4QRCh. 1.5 - Prob. 5QRCh. 1.5 - Prob. 6QRCh. 1.5 - Prob. 7QRCh. 1.5 - Prob. 8QRCh. 1.5 - Prob. 9QRCh. 1.5 - Prob. 10QRCh. 1.5 - Prob. 1ECh. 1.5 - Prob. 2ECh. 1.5 - Prob. 3ECh. 1.5 - Prob. 4ECh. 1.5 - Prob. 5ECh. 1.5 - Prob. 6ECh. 1.5 - Prob. 7ECh. 1.5 - Prob. 8ECh. 1.5 - Prob. 9ECh. 1.5 - Prob. 10ECh. 1.5 - Prob. 11ECh. 1.5 - Prob. 12ECh. 1.5 - Prob. 13ECh. 1.5 - Prob. 14ECh. 1.5 - Prob. 15ECh. 1.5 - Prob. 16ECh. 1.5 - Prob. 17ECh. 1.5 - Prob. 18ECh. 1.5 - Prob. 19ECh. 1.5 - Prob. 20ECh. 1.5 - Prob. 21ECh. 1.5 - Prob. 22ECh. 1.5 - Prob. 23ECh. 1.5 - Prob. 24ECh. 1.5 - Prob. 25ECh. 1.5 - Prob. 26ECh. 1.5 - Prob. 27ECh. 1.5 - Prob. 28ECh. 1.5 - Prob. 29ECh. 1.5 - Prob. 30ECh. 1.5 - Prob. 31ECh. 1.5 - Prob. 32ECh. 1.5 - Prob. 33ECh. 1.5 - Prob. 34ECh. 1.5 - Prob. 35ECh. 1.5 - Prob. 36ECh. 1.5 - Prob. 37ECh. 1.5 - Prob. 38ECh. 1.5 - Prob. 39ECh. 1.5 - Prob. 40ECh. 1.5 - Prob. 41ECh. 1.5 - Prob. 42ECh. 1.5 - Prob. 43ECh. 1.5 - Prob. 44ECh. 1.5 - Prob. 45ECh. 1.5 - Prob. 46ECh. 1.5 - Prob. 47ECh. 1.5 - Prob. 48ECh. 1.5 - Prob. 49ECh. 1.5 - Prob. 50ECh. 1.5 - Prob. 51ECh. 1.5 - Prob. 52ECh. 1.5 - Prob. 53ECh. 1.5 - Prob. 54ECh. 1.5 - Prob. 55ECh. 1.5 - Prob. 56ECh. 1.5 - Prob. 57ECh. 1.5 - Prob. 58ECh. 1.5 - Prob. 59ECh. 1.5 - Prob. 60ECh. 1.5 - Prob. 61ECh. 1.5 - Prob. 62ECh. 1.6 - Prob. 1QRCh. 1.6 - Prob. 2QRCh. 1.6 - Prob. 3QRCh. 1.6 - Prob. 4QRCh. 1.6 - Prob. 5QRCh. 1.6 - Prob. 6QRCh. 1.6 - Prob. 7QRCh. 1.6 - Prob. 8QRCh. 1.6 - Prob. 9QRCh. 1.6 - Prob. 10QRCh. 1.6 - Prob. 1ECh. 1.6 - Prob. 2ECh. 1.6 - Prob. 3ECh. 1.6 - Prob. 4ECh. 1.6 - Prob. 5ECh. 1.6 - Prob. 6ECh. 1.6 - Prob. 7ECh. 1.6 - Prob. 8ECh. 1.6 - Prob. 9ECh. 1.6 - Prob. 10ECh. 1.6 - Prob. 11ECh. 1.6 - Prob. 12ECh. 1.6 - Prob. 13ECh. 1.6 - Prob. 14ECh. 1.6 - Prob. 15ECh. 1.6 - Prob. 16ECh. 1.6 - Prob. 17ECh. 1.6 - Prob. 18ECh. 1.6 - Prob. 19ECh. 1.6 - Prob. 20ECh. 1.6 - Prob. 21ECh. 1.6 - Prob. 22ECh. 1.6 - Prob. 23ECh. 1.6 - Prob. 24ECh. 1.6 - Prob. 25ECh. 1.6 - Prob. 26ECh. 1.6 - Prob. 27ECh. 1.6 - Prob. 28ECh. 1.6 - Prob. 29ECh. 1.6 - Prob. 30ECh. 1.6 - Prob. 31ECh. 1.6 - Prob. 32ECh. 1.6 - Prob. 33ECh. 1.6 - Prob. 34ECh. 1.6 - Prob. 35ECh. 1.6 - Prob. 36ECh. 1.6 - Prob. 37ECh. 1.6 - Prob. 38ECh. 1.6 - Prob. 39ECh. 1.6 - Prob. 40ECh. 1.6 - Prob. 41ECh. 1.6 - Prob. 42ECh. 1.6 - Prob. 43ECh. 1.6 - Prob. 44ECh. 1.6 - Prob. 45ECh. 1.6 - Prob. 46ECh. 1.6 - Prob. 47ECh. 1.6 - Prob. 48ECh. 1.6 - Prob. 49ECh. 1.6 - Prob. 50ECh. 1.6 - Prob. 51ECh. 1.6 - Prob. 52ECh. 1.6 - Prob. 53ECh. 1.6 - Prob. 54ECh. 1.6 - Prob. 55ECh. 1.6 - Prob. 56ECh. 1.6 - Prob. 57ECh. 1.6 - Prob. 58ECh. 1.6 - Prob. 59ECh. 1.6 - Prob. 60ECh. 1.6 - Prob. 61ECh. 1.6 - Prob. 62ECh. 1.6 - Prob. 1QQCh. 1.6 - Prob. 2QQCh. 1.6 - Prob. 3QQCh. 1.6 - Prob. 4QQCh. 1 - Prob. 1RECh. 1 - Prob. 2RECh. 1 - Prob. 3RECh. 1 - Prob. 4RECh. 1 - Prob. 5RECh. 1 - Prob. 6RECh. 1 - Prob. 7RECh. 1 - Prob. 8RECh. 1 - Prob. 9RECh. 1 - Prob. 10RECh. 1 - Prob. 11RECh. 1 - Prob. 12RECh. 1 - Prob. 13RECh. 1 - Prob. 14RECh. 1 - Prob. 15RECh. 1 - Prob. 16RECh. 1 - Prob. 17RECh. 1 - Prob. 18RECh. 1 - Prob. 19RECh. 1 - Prob. 20RECh. 1 - Prob. 21RECh. 1 - Prob. 22RECh. 1 - Prob. 23RECh. 1 - Prob. 24RECh. 1 - Prob. 25RECh. 1 - Prob. 26RECh. 1 - Prob. 27RECh. 1 - Prob. 28RECh. 1 - Prob. 29RECh. 1 - Prob. 30RECh. 1 - Prob. 31RECh. 1 - Prob. 32RECh. 1 - Prob. 33RECh. 1 - Prob. 34RECh. 1 - Prob. 35RECh. 1 - Prob. 36RECh. 1 - Prob. 37RECh. 1 - Prob. 38RECh. 1 - Prob. 39RECh. 1 - Prob. 40RECh. 1 - Prob. 41RECh. 1 - Prob. 42RECh. 1 - Prob. 43RECh. 1 - Prob. 44RECh. 1 - Prob. 45RECh. 1 - Prob. 46RECh. 1 - Prob. 47RECh. 1 - Prob. 48RECh. 1 - Prob. 49RECh. 1 - Prob. 50RECh. 1 - Prob. 51RECh. 1 - Prob. 52RECh. 1 - Prob. 53RECh. 1 - Prob. 54RECh. 1 - Prob. 55RECh. 1 - Prob. 56RECh. 1 - Prob. 57RECh. 1 - Prob. 58RECh. 1 - Prob. 59RECh. 1 - Prob. 60RECh. 1 - Prob. 61RECh. 1 - Prob. 62RECh. 1 - Prob. 63RECh. 1 - Prob. 64RECh. 1 - Prob. 65RECh. 1 - Prob. 66RECh. 1 - Prob. 67RECh. 1 - Prob. 68RECh. 1 - Prob. 69RECh. 1 - Prob. 70RE
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