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 7.4, Problem 15E
To determine

To complete the table for an investment if the interest is compounded continuously .

Expert Solution & Answer
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Answer to Problem 15E

In 8 years the amount will be double of initial amount. And the amount after 30 years is 13,197.13$ .

  InitialDeposit($)AnnualRate(%)DoublingTime(yr)Amount in30yr($)10008.6813,197.13

Explanation of Solution

Given information:

The table given is :

  InitialDeposit($)AnnualRate(%)DoublingTime(yr)Amount in30yr($)10008.6

Calculation:

The amount of money after t years when the interest is compounded continuously is given by

  A(t)=A0ert .

Initial deposit (A0) : 1000

Annual Rate : 8.6%

  A(t)=2000(doubled amount)A(t)=A0ert2000=1000e8.6t2=e8.6100tln2=8.6100tt=100ln28.6=8years

Now the amount in 30 years

  A(t)=A0ertA(30)=1000e8.6100×30A(30)=13197.13$

Hence , in 8 years the amount will be double of initial amount. And the amount after 30 years is 13197.13$ .

  InitialDeposit($)AnnualRate(%)DoublingTime(yr)Amount in30yr($)10008.6813197.13

Chapter 7 Solutions

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

Ch. 7.1 - Prob. 11QRCh. 7.1 - Prob. 12QRCh. 7.1 - Prob. 1ECh. 7.1 - Prob. 2ECh. 7.1 - Prob. 3ECh. 7.1 - Prob. 4ECh. 7.1 - Prob. 5ECh. 7.1 - Prob. 6ECh. 7.1 - Prob. 7ECh. 7.1 - Prob. 8ECh. 7.1 - Prob. 9ECh. 7.1 - Prob. 10ECh. 7.1 - Prob. 11ECh. 7.1 - Prob. 12ECh. 7.1 - Prob. 13ECh. 7.1 - Prob. 14ECh. 7.1 - Prob. 15ECh. 7.1 - Prob. 16ECh. 7.1 - Prob. 17ECh. 7.1 - Prob. 18ECh. 7.1 - Prob. 19ECh. 7.1 - Prob. 20ECh. 7.1 - Prob. 21ECh. 7.1 - Prob. 22ECh. 7.1 - Prob. 23ECh. 7.1 - Prob. 24ECh. 7.1 - Prob. 25ECh. 7.1 - Prob. 26ECh. 7.1 - Prob. 27ECh. 7.1 - Prob. 28ECh. 7.1 - Prob. 29ECh. 7.1 - Prob. 30ECh. 7.1 - Prob. 31ECh. 7.1 - Prob. 32ECh. 7.1 - Prob. 33ECh. 7.1 - Prob. 34ECh. 7.1 - Prob. 35ECh. 7.1 - Prob. 36ECh. 7.1 - Prob. 37ECh. 7.1 - Prob. 38ECh. 7.1 - Prob. 39ECh. 7.1 - Prob. 40ECh. 7.1 - Prob. 41ECh. 7.1 - Prob. 42ECh. 7.1 - Prob. 43ECh. 7.1 - Prob. 44ECh. 7.1 - Prob. 45ECh. 7.1 - Prob. 46ECh. 7.1 - Prob. 47ECh. 7.1 - Prob. 48ECh. 7.1 - Prob. 49ECh. 7.1 - Prob. 50ECh. 7.1 - Prob. 51ECh. 7.1 - Prob. 52ECh. 7.1 - Prob. 53ECh. 7.1 - Prob. 54ECh. 7.1 - Prob. 55ECh. 7.1 - Prob. 56ECh. 7.1 - Prob. 57ECh. 7.1 - Prob. 58ECh. 7.1 - Prob. 59ECh. 7.1 - Prob. 60ECh. 7.1 - Prob. 61ECh. 7.1 - Prob. 62ECh. 7.1 - Prob. 63ECh. 7.1 - Prob. 64ECh. 7.1 - Prob. 65ECh. 7.1 - Prob. 66ECh. 7.1 - Prob. 67ECh. 7.1 - Prob. 68ECh. 7.1 - Prob. 69ECh. 7.1 - Prob. 70ECh. 7.1 - Prob. 71ECh. 7.1 - Prob. 72ECh. 7.1 - Prob. 73ECh. 7.1 - Prob. 74ECh. 7.1 - Prob. 75ECh. 7.1 - Prob. 76ECh. 7.1 - Prob. 77ECh. 7.1 - Prob. 78ECh. 7.1 - Prob. 79ECh. 7.1 - Prob. 80ECh. 7.2 - Prob. 1QRCh. 7.2 - Prob. 2QRCh. 7.2 - Prob. 3QRCh. 7.2 - Prob. 4QRCh. 7.2 - Prob. 5QRCh. 7.2 - Prob. 6QRCh. 7.2 - Prob. 7QRCh. 7.2 - Prob. 8QRCh. 7.2 - Prob. 9QRCh. 7.2 - Prob. 10QRCh. 7.2 - Prob. 1ECh. 7.2 - Prob. 2ECh. 7.2 - Prob. 3ECh. 7.2 - Prob. 4ECh. 7.2 - Prob. 5ECh. 7.2 - Prob. 6ECh. 7.2 - Prob. 7ECh. 7.2 - Prob. 8ECh. 7.2 - Prob. 9ECh. 7.2 - Prob. 10ECh. 7.2 - Prob. 11ECh. 7.2 - Prob. 12ECh. 7.2 - Prob. 13ECh. 7.2 - Prob. 14ECh. 7.2 - Prob. 15ECh. 7.2 - Prob. 16ECh. 7.2 - Prob. 17ECh. 7.2 - Prob. 18ECh. 7.2 - Prob. 19ECh. 7.2 - Prob. 20ECh. 7.2 - Prob. 21ECh. 7.2 - Prob. 22ECh. 7.2 - Prob. 23ECh. 7.2 - Prob. 24ECh. 7.2 - Prob. 25ECh. 7.2 - Prob. 26ECh. 7.2 - Prob. 27ECh. 7.2 - Prob. 28ECh. 7.2 - Prob. 29ECh. 7.2 - Prob. 30ECh. 7.2 - Prob. 31ECh. 7.2 - Prob. 32ECh. 7.2 - Prob. 33ECh. 7.2 - Prob. 34ECh. 7.2 - Prob. 35ECh. 7.2 - Prob. 36ECh. 7.2 - Prob. 37ECh. 7.2 - Prob. 38ECh. 7.2 - Prob. 39ECh. 7.2 - Prob. 40ECh. 7.2 - Prob. 41ECh. 7.2 - Prob. 42ECh. 7.2 - Prob. 43ECh. 7.2 - Prob. 44ECh. 7.2 - Prob. 45ECh. 7.2 - Prob. 46ECh. 7.2 - Prob. 47ECh. 7.2 - Prob. 48ECh. 7.2 - Prob. 49ECh. 7.2 - Prob. 50ECh. 7.2 - Prob. 51ECh. 7.2 - Prob. 52ECh. 7.2 - Prob. 53ECh. 7.2 - Prob. 54ECh. 7.2 - Prob. 55ECh. 7.2 - Prob. 56ECh. 7.2 - Prob. 57ECh. 7.2 - Prob. 58ECh. 7.2 - Prob. 59ECh. 7.2 - Prob. 60ECh. 7.2 - Prob. 61ECh. 7.2 - Prob. 62ECh. 7.2 - Prob. 63ECh. 7.2 - Prob. 64ECh. 7.2 - Prob. 65ECh. 7.2 - Prob. 66ECh. 7.2 - Prob. 67ECh. 7.2 - Prob. 68ECh. 7.2 - Prob. 69ECh. 7.2 - Prob. 70ECh. 7.2 - Prob. 71ECh. 7.2 - Prob. 72ECh. 7.2 - Prob. 73ECh. 7.2 - Prob. 74ECh. 7.2 - Prob. 75ECh. 7.2 - Prob. 76ECh. 7.2 - Prob. 77ECh. 7.2 - Prob. 78ECh. 7.2 - Prob. 79ECh. 7.2 - Prob. 80ECh. 7.2 - Prob. 81ECh. 7.2 - Prob. 82ECh. 7.2 - Prob. 83ECh. 7.2 - Prob. 84ECh. 7.3 - Prob. 1QRCh. 7.3 - Prob. 2QRCh. 7.3 - Prob. 3QRCh. 7.3 - Prob. 4QRCh. 7.3 - Prob. 5QRCh. 7.3 - Prob. 6QRCh. 7.3 - Prob. 7QRCh. 7.3 - Prob. 8QRCh. 7.3 - Prob. 9QRCh. 7.3 - Prob. 10QRCh. 7.3 - Prob. 1ECh. 7.3 - Prob. 2ECh. 7.3 - Prob. 3ECh. 7.3 - Prob. 4ECh. 7.3 - Prob. 5ECh. 7.3 - Prob. 6ECh. 7.3 - Prob. 7ECh. 7.3 - Prob. 8ECh. 7.3 - Prob. 9ECh. 7.3 - Prob. 10ECh. 7.3 - Prob. 11ECh. 7.3 - Prob. 12ECh. 7.3 - Prob. 13ECh. 7.3 - Prob. 14ECh. 7.3 - Prob. 15ECh. 7.3 - Prob. 16ECh. 7.3 - Prob. 17ECh. 7.3 - Prob. 18ECh. 7.3 - Prob. 19ECh. 7.3 - Prob. 20ECh. 7.3 - Prob. 21ECh. 7.3 - Prob. 22ECh. 7.3 - Prob. 23ECh. 7.3 - Prob. 24ECh. 7.3 - Prob. 25ECh. 7.3 - Prob. 26ECh. 7.3 - Prob. 27ECh. 7.3 - Prob. 28ECh. 7.3 - Prob. 29ECh. 7.3 - Prob. 30ECh. 7.3 - Prob. 31ECh. 7.3 - Prob. 32ECh. 7.3 - Prob. 33ECh. 7.3 - Prob. 34ECh. 7.3 - Prob. 35ECh. 7.3 - Prob. 36ECh. 7.3 - Prob. 37ECh. 7.3 - Prob. 38ECh. 7.3 - Prob. 39ECh. 7.3 - Prob. 40ECh. 7.3 - Prob. 41ECh. 7.3 - Prob. 42ECh. 7.3 - Prob. 43ECh. 7.3 - Prob. 44ECh. 7.3 - Prob. 45ECh. 7.3 - Prob. 46ECh. 7.3 - Prob. 47ECh. 7.3 - Prob. 48ECh. 7.3 - Prob. 49ECh. 7.3 - Prob. 50ECh. 7.3 - Prob. 51ECh. 7.3 - Prob. 52ECh. 7.3 - Prob. 53ECh. 7.3 - Prob. 54ECh. 7.3 - Prob. 55ECh. 7.3 - Prob. 56ECh. 7.3 - Prob. 57ECh. 7.3 - Prob. 58ECh. 7.3 - Prob. 1QQCh. 7.3 - Prob. 2QQCh. 7.3 - Prob. 3QQCh. 7.3 - Prob. 4QQCh. 7.4 - Prob. 1QRCh. 7.4 - Prob. 2QRCh. 7.4 - Prob. 3QRCh. 7.4 - Prob. 4QRCh. 7.4 - Prob. 5QRCh. 7.4 - Prob. 6QRCh. 7.4 - Prob. 7QRCh. 7.4 - Prob. 8QRCh. 7.4 - Prob. 9QRCh. 7.4 - Prob. 10QRCh. 7.4 - Prob. 1ECh. 7.4 - Prob. 2ECh. 7.4 - Prob. 3ECh. 7.4 - Prob. 4ECh. 7.4 - Prob. 5ECh. 7.4 - Prob. 6ECh. 7.4 - Prob. 7ECh. 7.4 - Prob. 8ECh. 7.4 - Prob. 9ECh. 7.4 - Prob. 10ECh. 7.4 - Prob. 11ECh. 7.4 - Prob. 12ECh. 7.4 - Prob. 13ECh. 7.4 - Prob. 14ECh. 7.4 - Prob. 15ECh. 7.4 - Prob. 16ECh. 7.4 - Prob. 17ECh. 7.4 - Prob. 18ECh. 7.4 - Prob. 19ECh. 7.4 - Prob. 20ECh. 7.4 - Prob. 21ECh. 7.4 - Prob. 22ECh. 7.4 - Prob. 23ECh. 7.4 - Prob. 24ECh. 7.4 - Prob. 25ECh. 7.4 - Prob. 26ECh. 7.4 - Prob. 27ECh. 7.4 - Prob. 28ECh. 7.4 - Prob. 29ECh. 7.4 - Prob. 30ECh. 7.4 - Prob. 31ECh. 7.4 - Prob. 32ECh. 7.4 - Prob. 33ECh. 7.4 - Prob. 34ECh. 7.4 - Prob. 35ECh. 7.4 - Prob. 36ECh. 7.4 - Prob. 37ECh. 7.4 - Prob. 38ECh. 7.4 - Prob. 39ECh. 7.4 - Prob. 40ECh. 7.4 - Prob. 41ECh. 7.4 - Prob. 42ECh. 7.4 - Prob. 43ECh. 7.4 - Prob. 44ECh. 7.4 - Prob. 45ECh. 7.4 - Prob. 46ECh. 7.4 - Prob. 47ECh. 7.4 - Prob. 48ECh. 7.4 - Prob. 49ECh. 7.4 - Prob. 50ECh. 7.4 - Prob. 51ECh. 7.4 - Prob. 52ECh. 7.4 - Prob. 53ECh. 7.4 - Prob. 54ECh. 7.4 - Prob. 55ECh. 7.4 - Prob. 56ECh. 7.4 - Prob. 57ECh. 7.4 - Prob. 58ECh. 7.5 - Prob. 1QRCh. 7.5 - Prob. 2QRCh. 7.5 - Prob. 3QRCh. 7.5 - Prob. 4QRCh. 7.5 - Prob. 5QRCh. 7.5 - Prob. 6QRCh. 7.5 - Prob. 7QRCh. 7.5 - Prob. 8QRCh. 7.5 - Prob. 9QRCh. 7.5 - Prob. 10QRCh. 7.5 - Prob. 1ECh. 7.5 - Prob. 2ECh. 7.5 - Prob. 3ECh. 7.5 - Prob. 4ECh. 7.5 - Prob. 5ECh. 7.5 - Prob. 6ECh. 7.5 - Prob. 7ECh. 7.5 - Prob. 8ECh. 7.5 - Prob. 9ECh. 7.5 - Prob. 10ECh. 7.5 - Prob. 11ECh. 7.5 - Prob. 12ECh. 7.5 - Prob. 13ECh. 7.5 - Prob. 14ECh. 7.5 - Prob. 15ECh. 7.5 - Prob. 16ECh. 7.5 - Prob. 17ECh. 7.5 - Prob. 18ECh. 7.5 - Prob. 19ECh. 7.5 - Prob. 20ECh. 7.5 - Prob. 21ECh. 7.5 - Prob. 22ECh. 7.5 - Prob. 23ECh. 7.5 - Prob. 24ECh. 7.5 - Prob. 25ECh. 7.5 - Prob. 26ECh. 7.5 - Prob. 27ECh. 7.5 - Prob. 28ECh. 7.5 - Prob. 29ECh. 7.5 - Prob. 30ECh. 7.5 - Prob. 31ECh. 7.5 - Prob. 32ECh. 7.5 - Prob. 33ECh. 7.5 - Prob. 34ECh. 7.5 - Prob. 35ECh. 7.5 - Prob. 36ECh. 7.5 - Prob. 37ECh. 7.5 - Prob. 38ECh. 7.5 - Prob. 39ECh. 7.5 - Prob. 40ECh. 7.5 - Prob. 41ECh. 7.5 - Prob. 42ECh. 7.5 - Prob. 43ECh. 7.5 - Prob. 44ECh. 7.5 - Prob. 45ECh. 7.5 - Prob. 46ECh. 7.5 - Prob. 47ECh. 7.5 - Prob. 48ECh. 7.5 - Prob. 1QQCh. 7.5 - Prob. 2QQCh. 7.5 - Prob. 3QQCh. 7.5 - Prob. 4QQCh. 7 - Prob. 1RECh. 7 - Prob. 2RECh. 7 - Prob. 3RECh. 7 - Prob. 4RECh. 7 - Prob. 5RECh. 7 - Prob. 6RECh. 7 - Prob. 7RECh. 7 - Prob. 8RECh. 7 - Prob. 9RECh. 7 - Prob. 10RECh. 7 - Prob. 11RECh. 7 - Prob. 12RECh. 7 - Prob. 13RECh. 7 - Prob. 14RECh. 7 - Prob. 15RECh. 7 - Prob. 16RECh. 7 - Prob. 17RECh. 7 - Prob. 18RECh. 7 - Prob. 19RECh. 7 - Prob. 20RECh. 7 - Prob. 21RECh. 7 - Prob. 22RECh. 7 - Prob. 23RECh. 7 - Prob. 24RECh. 7 - Prob. 25RECh. 7 - Prob. 26RECh. 7 - Prob. 27RECh. 7 - Prob. 28RECh. 7 - Prob. 29RECh. 7 - Prob. 30RECh. 7 - Prob. 31RECh. 7 - Prob. 32RECh. 7 - Prob. 33RECh. 7 - Prob. 34RECh. 7 - Prob. 35RECh. 7 - Prob. 36RECh. 7 - Prob. 37RECh. 7 - Prob. 38RECh. 7 - Prob. 39RECh. 7 - Prob. 40RECh. 7 - Prob. 41RECh. 7 - Prob. 42RECh. 7 - Prob. 43RECh. 7 - Prob. 44RECh. 7 - Prob. 45RECh. 7 - Prob. 46RECh. 7 - Prob. 47RECh. 7 - Prob. 48RECh. 7 - Prob. 49RECh. 7 - Prob. 50RECh. 7 - Prob. 51RECh. 7 - Prob. 52RECh. 7 - Prob. 53RECh. 7 - Prob. 54RECh. 7 - Prob. 55RECh. 7 - Prob. 56RECh. 7 - Prob. 57RECh. 7 - Prob. 58RECh. 7 - Prob. 59RECh. 7 - Prob. 60RECh. 7 - Prob. 61RECh. 7 - Prob. 62RECh. 7 - Prob. 63RECh. 7 - Prob. 64RECh. 7 - Prob. 65RECh. 7 - Prob. 66RECh. 7 - Prob. 67RECh. 7 - Prob. 68RECh. 7 - Prob. 69RE
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