CALCULUS+ITS APPLICATIONS-MYMATHLAB
15th Edition
ISBN: 9780137590438
Author: Goldstein
Publisher: PEARSON
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Chapter 5.1, Problem 11E
In Exercises
.
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Can you answer this question and give step by step and why and how to get it. Can you write it (numerical method)
There are three options for investing $1150. The first earns 10% compounded annually, the second earns 10% compounded quarterly, and the third earns 10% compounded continuously. Find equations that model each investment growth and
use a graphing utility to graph each model in the same viewing window over a 20-year period. Use the graph to determine which investment yields the highest return after 20 years. What are the differences in earnings among the three
investment?
STEP 1: The formula for compound interest is
A =
nt
= P(1 + − − ) n²,
where n is the number of compoundings per year, t is the number of years, r is the interest rate, P is the principal, and A is the amount (balance) after t years. For continuous compounding, the formula reduces to
A = Pert
Find r and n for each model, and use these values to write A in terms of t for each case.
Annual Model
r=0.10
A = Y(t) = 1150 (1.10)*
n = 1
Quarterly Model
r = 0.10
n = 4
A = Q(t) = 1150(1.025) 4t
Continuous Model
r=0.10
A = C(t) =…
Use a graphing utility to find the point of intersection, if any, of the graphs of the functions. Round your result to three decimal places. (Enter NONE in any unused answer blanks.)
y = 100e0.01x
(x, y) =
y = 11,250
×
Chapter 5 Solutions
CALCULUS+ITS APPLICATIONS-MYMATHLAB
Ch. 5.1 - a. Solve the differential equation...Ch. 5.1 - Under ideal conditions a colony of Escherichia...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...
Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 110, determine the growth constant k,...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - In Exercises 1118, solve the given differential...Ch. 5.1 - Population and Exponential Growth Let P(t) be the...Ch. 5.1 - Growth of a Colony of Fruit Flies A colony of...Ch. 5.1 - GrowthConstant for a Bacteria Culture Abacteria...Ch. 5.1 - Growth of a Bacteria Culture The initial size of a...Ch. 5.1 - Using the Differential Equation Let P(t) be the...Ch. 5.1 - Growth of Bacteria Approximately 10,000 bacteria...Ch. 5.1 - Growth of cells After t hours, there are P(t)...Ch. 5.1 - Insect Population The size of a certain insect...Ch. 5.1 - Population Growth Determine the growth constant of...Ch. 5.1 - Time to Triple Determine the growth constant of a...Ch. 5.1 - Exponential Growth A population is growing...Ch. 5.1 - Time to DoubleA population is growing...Ch. 5.1 - Exponential Growth The rate of growth of a certain...Ch. 5.1 - Worlds Population The worlds population was 5.51...Ch. 5.1 - Prob. 33ECh. 5.1 - A Population Model The population (in millions) of...Ch. 5.1 - Radioactive Decay A sample of 8 grams of...Ch. 5.1 - Radioactive Decay Radium 226 is used in cancer...Ch. 5.1 - Decay of Penicillin in the Bloodstream A person is...Ch. 5.1 - Radioactive Decay Ten grams of a radioactive...Ch. 5.1 - Radioactive Decay The decay constant for the...Ch. 5.1 - Drug ConstantRadioactive cobalt 60 has a half-life...Ch. 5.1 - Iodine Level in Dairy Products If dairy cows eat...Ch. 5.1 - Half-Life Ten grams of a radioactive material...Ch. 5.1 - Decay of Sulfate in the Bloodstream In an animal...Ch. 5.1 - Radioactive Decay Forty grams of a certain...Ch. 5.1 - Radioactive Decay A sample of radioactive material...Ch. 5.1 - Rate of Decay A sample of radioactive material has...Ch. 5.1 - Carbon Dating In 1947, a cave with beautiful...Ch. 5.1 - King Arthur's Round Table According to legend, in...Ch. 5.1 - Prob. 49ECh. 5.1 - Population of the PacificNorthwest In 1938,...Ch. 5.1 - Time of the Fourth Ice Age Many scientists believe...Ch. 5.1 - Time Constant Let T be the time constant of the...Ch. 5.1 - Prob. 53ECh. 5.1 - Time Constant and Half-life Consider as...Ch. 5.1 - An Initial Value Problem Suppose that the function...Ch. 5.1 - Time to Finish Consider the exponential decay...Ch. 5.2 - One thousand dollars is to be invested in a bank...Ch. 5.2 - A building was bought for 150,000 and sold 10...Ch. 5.2 - Savings Account Let A(t)=5000e0.04t be the balance...Ch. 5.2 - Savings Account Let A(t) be the balance in a...Ch. 5.2 - Savings Account Four thousand dollars is deposited...Ch. 5.2 - Savings Account Ten thousand dollars is deposited...Ch. 5.2 - Investment AnalysisAn investment earns 4.2 yearly...Ch. 5.2 - Investment Analysis An investment earns 5.1 yearly...Ch. 5.2 - Continuous Compound One thousand dollars is...Ch. 5.2 - Continuous Compound Ten thousand dollars is...Ch. 5.2 - Technology Stock One hundred shares of a...Ch. 5.2 - Appreciation of Art Work Pablo Picassos Angel...Ch. 5.2 - Investment Analysis How many years are required...Ch. 5.2 - Doubling an Investment What yearly interest rate...Ch. 5.2 - Tripling an Investment If an investment triples in...Ch. 5.2 - Prob. 14ECh. 5.2 - Prob. 15ECh. 5.2 - Prob. 16ECh. 5.2 - Real Estate Investment A farm purchased in 2000...Ch. 5.2 - Real Estate Investment A parcel of land bought in...Ch. 5.2 - Present Value Find the present value of 1000...Ch. 5.2 - Prob. 20ECh. 5.2 - Present Value How much money must you invest now...Ch. 5.2 - Present Value If the present value of 1000 to be...Ch. 5.2 - Prob. 23ECh. 5.2 - Prob. 24ECh. 5.2 - Differential Equation and InterestA small amount...Ch. 5.2 - Prob. 26ECh. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Prob. 29ECh. 5.2 - Prob. 30ECh. 5.2 - Prob. 31ECh. 5.3 - The current toll for the use of a certain toll...Ch. 5.3 - The current toll for the use of a certain toll...Ch. 5.3 - The current toll for the use of a certain toll...Ch. 5.3 - Find the logarithmic derivative and then determine...Ch. 5.3 - Prob. 2ECh. 5.3 - Find the logarithmic derivative and then determine...Ch. 5.3 - Find the logarithmic derivative and then determine...Ch. 5.3 - Find the logarithmic derivative and then determine...Ch. 5.3 - Prob. 6ECh. 5.3 - Find the logarithmic derivative and then determine...Ch. 5.3 - Prob. 8ECh. 5.3 - Percentage Rate of Growth The annual sales S(in...Ch. 5.3 - Prob. 10ECh. 5.3 - Price of Ground Beef The wholesale price in...Ch. 5.3 - Price of Pork The wholesale price in dollars of...Ch. 5.3 - For each demand function, find E(p) and determine...Ch. 5.3 - Prob. 14ECh. 5.3 - For each demand function, find E(p) and determine...Ch. 5.3 - For each demand function, find E(p) and determine...Ch. 5.3 - For each demand function, find E(p) and determine...Ch. 5.3 - Prob. 18ECh. 5.3 - Elasticity of Demand Currently 1800 people ride a...Ch. 5.3 - Prob. 20ECh. 5.3 - Elasticity of Demand A movie theater has a seating...Ch. 5.3 - Prob. 22ECh. 5.3 - Elasticity of Demand A country that is the major...Ch. 5.3 - Prob. 24ECh. 5.3 - Prob. 25ECh. 5.3 - Prob. 26ECh. 5.3 - Prob. 27ECh. 5.3 - Prob. 28ECh. 5.3 - Prob. 29ECh. 5.4 - A sociological study was made to examine the...Ch. 5.4 - Prob. 2CYUCh. 5.4 - Prob. 1ECh. 5.4 - Prob. 2ECh. 5.4 - Prob. 3ECh. 5.4 - Prob. 4ECh. 5.4 - Prob. 5ECh. 5.4 - Prob. 6ECh. 5.4 - Prob. 7ECh. 5.4 - Prob. 8ECh. 5.4 - Prob. 9ECh. 5.4 - Prob. 10ECh. 5.4 - Prob. 11ECh. 5.4 - Prob. 12ECh. 5.4 - Prob. 13ECh. 5.4 - Prob. 14ECh. 5.4 - Prob. 15ECh. 5.4 - Prob. 16ECh. 5.4 - Prob. 17ECh. 5.4 - Prob. 18ECh. 5.4 - Prob. 19ECh. 5.4 - Prob. 20ECh. 5.4 - Prob. 21ECh. 5.4 - Prob. 22ECh. 5.4 - Prob. 23ECh. 5.4 - Prob. 24ECh. 5.4 - Prob. 25ECh. 5.4 - Prob. 26ECh. 5.4 - Prob. 27ECh. 5.4 - Prob. 28ECh. 5.4 - Prob. 29ECh. 5.4 - Prob. 30ECh. 5.4 - Prob. 31ECh. 5.4 - Prob. 32ECh. 5.4 - Prob. 33ECh. 5.4 - Prob. 34ECh. 5.4 - Prob. 35ECh. 5.4 - Prob. 36ECh. 5.4 - Prob. 37ECh. 5.4 - Prob. 38ECh. 5.4 - Prob. 39ECh. 5.4 - Prob. 40ECh. 5.4 - Prob. 41ECh. 5.4 - Prob. 42ECh. 5 - What differential equation is key to solving...Ch. 5 - Prob. 2FCCECh. 5 - Prob. 3FCCECh. 5 - Explain how radiocarbon dating works.Ch. 5 - Prob. 5FCCECh. 5 - Prob. 6FCCECh. 5 - Define the elasticity of demand, E(p), for a...Ch. 5 - Describe an application of the differential...Ch. 5 - Prob. 9FCCECh. 5 - Atmospheric Pressure The atmospheric pressure...Ch. 5 - Population Model The herring gull population in...Ch. 5 - Present Value Find the present value of 10,000...Ch. 5 - Compound Interest One thousand dollars is...Ch. 5 - Half-Life The half-life of the radioactive element...Ch. 5 - Carbon Dating A piece of charcoal found at...Ch. 5 - Population Model From January 1, 2010, to January...Ch. 5 - Compound Interest A stock portfolio increased in...Ch. 5 - Comparing Investments An investor initially...Ch. 5 - Prob. 10RECh. 5 - Prob. 11RECh. 5 - Prob. 12RECh. 5 - Prob. 13RECh. 5 - Prob. 14RECh. 5 - Prob. 15RECh. 5 - Prob. 16RECh. 5 - Prob. 17RECh. 5 - Prob. 18RECh. 5 - Prob. 19RECh. 5 - Prob. 20RECh. 5 - Prob. 21RECh. 5 - Prob. 22RE
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