Calculus: Early Transcendentals (2nd Edition)
2nd Edition
ISBN: 9780321947345
Author: William L. Briggs, Lyle Cochran, Bernard Gillett
Publisher: PEARSON
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Chapter D1.4, Problem 25E
Loan problems The following initial value problems model the payoff of a loan. In each case, solve the initial value problem, for t ≥ 0, graph the solution, and determine the first month in which the loan balance is zero.
25.
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Suppose you owe $700 on your credit card and you decide to make no new purchases and to make the minimum monthly payment on the account. Assuming that the interest rate on your card is 2% per month on the unpaid balance
and that the minimum payment is 4% of the total (balance plus interest), your balance after t months is given by B(t) = 700(0.9792'). Find your balance
each of the given times. Complete parts (a) through (e) below.
(a) six months
After six months, the balance is $
(Round to the nearest cent as needed.)
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Suppose you owe
$400
on your credit card and you decide to make no new purchases and to make the minimum monthly payment on the account. Assuming that the interest rate on your card is
2%
per month on the unpaid balance and that the minimum payment is
3%
of the total (balance plus interest), your balance after t months is given by
B(t)=400(0.9894t).
Find your balance at each of the given times. Complete parts (a) through (b) below.
(a) six months
After six months, the balance is
$.
(Round to the nearest cent as needed.)
(b)
five
yearsAfter
five
years, the balance is
$.
(Round to the nearest cent as needed.)
Suppose you owe $400 on your credit card and you decide to make no new purchases and to make the minimum monthly payment on the account. Assuming that the interest rate on your card is
2% per month on the unpaid balance and that the minimum payment is 4% of the total (balance plus interest), your balance after t months is given by B(t) = 400(0.9792¹). Find your balance at each of
the given times. Complete parts (a) through (e) below.
After six months, the balance is $.
(Round to the nearest cent as needed.)
(b) one year (remember that t is in months)
After one year, the balance is $
(Round to the nearest cent as needed.)
(c) seven years
After seven years, the balance is $
(Round to the nearest cent as needed.)
(d) nine years
After nine years, the balance is $
(Round to the nearest cent as needed.)
(e) On the basis of your answers to parts (a)-(d), what advice would you give to your friends about minimum payments?
A. The minimum payment maximizes the short-term cost and minimizes the…
Chapter D1 Solutions
Calculus: Early Transcendentals (2nd Edition)
Ch. D1.1 - Prob. 1ECh. D1.1 - Prob. 2ECh. D1.1 - Prob. 3ECh. D1.1 - If the general solution of a differential equation...Ch. D1.1 - Does the function y(t) = 2t satisfy the...Ch. D1.1 - Does the function y(t) = 6e3t satisfy the initial...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...
Ch. D1.1 - Verifying solutions of initial value problems...Ch. D1.1 - Verifying solutions of initial value problems...Ch. D1.1 - Verifying solutions of initial value problems...Ch. D1.1 - Verifying solutions of initial value problems...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Finding general solutions Find the general...Ch. D1.1 - Prob. 22ECh. D1.1 - Solving initial value problems Solve the following...Ch. D1.1 - Solving initial value problems Solve the following...Ch. D1.1 - Solving initial value problems Solve the following...Ch. D1.1 - Solving initial value problems Solve the following...Ch. D1.1 - Solving initial value problems Solve the following...Ch. D1.1 - Solving initial value problems Solve the following...Ch. D1.1 - Motion in a gravitational field An object is fired...Ch. D1.1 - Prob. 30ECh. D1.1 - Prob. 31ECh. D1.1 - Prob. 32ECh. D1.1 - Prob. 33ECh. D1.1 - Prob. 34ECh. D1.1 - Explain why or why not Determine whether the...Ch. D1.1 - General solutions Find the general solution of the...Ch. D1.1 - General solutions Find the general solution of the...Ch. D1.1 - General solutions Find the general solution of the...Ch. D1.1 - General solutions Find the general solution of the...Ch. D1.1 - Solving initial value problems Find the solution...Ch. D1.1 - Solving initial value problems Find the solution...Ch. D1.1 - Solving initial value problems Find the solution...Ch. D1.1 - Solving initial value problems Find the solution...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - Verifying general solutions Verify that the given...Ch. D1.1 - A second-order equation Consider the differential...Ch. D1.1 - Another second-order equation Consider the...Ch. D1.1 - Drug infusion The delivery of a drug (such as an...Ch. D1.1 - Logistic population growth Widely used models for...Ch. D1.1 - Free fall One possible model that describes the...Ch. D1.1 - Chemical rate equations The reaction of certain...Ch. D1.1 - Tumor growth The growth of cancer tumors may be...Ch. D1.2 - Explain how to sketch the direction field of the...Ch. D1.2 - Prob. 2ECh. D1.2 - Prob. 3ECh. D1.2 - Prob. 4ECh. D1.2 - Direction fields A differential equation and its...Ch. D1.2 - Prob. 6ECh. D1.2 - Identifying direction fields Which of the...Ch. D1.2 - Prob. 9ECh. D1.2 - Prob. 10ECh. D1.2 - Direction fields with technology Plot a direction...Ch. D1.2 - Sketching direction fields Use the window [2, 2] ...Ch. D1.2 - Sketching direction fields Use the window [2, 2] ...Ch. D1.2 - Sketching direction fields Use the window [2, 2] ...Ch. D1.2 - Sketching direction fields Use the window [2, 2] ...Ch. D1.2 - Sketching direction fields Use the window [2, 2] ...Ch. D1.2 - Increasing and decreasing solutions Consider the...Ch. D1.2 - Increasing and decreasing solutions Consider the...Ch. D1.2 - Increasing and decreasing solutions Consider the...Ch. D1.2 - Increasing and decreasing solutions Consider the...Ch. D1.2 - Logistic equations Consider the following logistic...Ch. D1.2 - Logistic equations Consider the following logistic...Ch. D1.2 - Logistic equations Consider the following logistic...Ch. D1.2 - Logistic equations Consider the following logistic...Ch. D1.2 - Two steps of Eulers method For the following...Ch. D1.2 - Two steps of Eulers method For the following...Ch. D1.2 - Two steps of Eulers method For the following...Ch. D1.2 - Two steps of Eulers method For the following...Ch. D1.2 - Errors in Eulers method Consider the following...Ch. D1.2 - Errors in Eulers method Consider the following...Ch. D1.2 - Prob. 31ECh. D1.2 - Prob. 32ECh. D1.2 - Prob. 33ECh. D1.2 - Prob. 34ECh. D1.2 - Prob. 35ECh. D1.2 - Prob. 36ECh. D1.2 - Prob. 37ECh. D1.2 - Equilibrium solutions A differential equation of...Ch. D1.2 - Prob. 39ECh. D1.2 - Prob. 40ECh. D1.2 - Equilibrium solutions A differential equation of...Ch. D1.2 - Equilibrium solutions A differential equation of...Ch. D1.2 - Direction field analysis Consider the first-order...Ch. D1.2 - Eulers method on more general grids Suppose the...Ch. D1.2 - Prob. 46ECh. D1.2 - Prob. 47ECh. D1.2 - Prob. 48ECh. D1.2 - Convergence of Eulers method Suppose Eulers method...Ch. D1.2 - Stability of Eulers method Consider the initial...Ch. D1.3 - What is a separable first-order differential...Ch. D1.3 - Is the equation t2y(t)=t+4y2 separable?Ch. D1.3 - Is the equation y(t)=2yt separable?Ch. D1.3 - Explain how to solve a separable differential...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Solving separable equations Find the general...Ch. D1.3 - Prob. 17ECh. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Prob. 23ECh. D1.3 - Prob. 24ECh. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Solving initial value problems Determine whether...Ch. D1.3 - Prob. 27ECh. D1.3 - Solutions in implicit form Solve the following...Ch. D1.3 - Solutions in implicit form Solve the following...Ch. D1.3 - Solutions in implicit form Solve the following...Ch. D1.3 - Prob. 31ECh. D1.3 - Solutions in implicit form Solve the following...Ch. D1.3 - Logistic equation for a population A community of...Ch. D1.3 - Logistic equation for an epidemic When an infected...Ch. D1.3 - Explain why or why not Determine whether the...Ch. D1.3 - Prob. 36ECh. D1.3 - Prob. 37ECh. D1.3 - Prob. 38ECh. D1.3 - Solutions of separable equations Solve the...Ch. D1.3 - Prob. 40ECh. D1.3 - Implicit solutions for separable equations For the...Ch. D1.3 - Orthogonal trajectories Two curves are orthogonal...Ch. D1.3 - Prob. 43ECh. D1.3 - Applications 44.Logistic equation for spread of...Ch. D1.3 - Free fall An object in free fall may be modeled by...Ch. D1.3 - Prob. 46ECh. D1.3 - Prob. 47ECh. D1.3 - Chemical rate equations Let y(t) be the...Ch. D1.3 - Prob. 49ECh. D1.3 - Blowup in finite time Consider the initial value...Ch. D1.3 - Prob. 52ECh. D1.3 - Analysis of a separable equation Consider the...Ch. D1.4 - The general solution of a first-order linear...Ch. D1.4 - Prob. 2ECh. D1.4 - What is the general solution of the equation y'(t)...Ch. D1.4 - Prob. 4ECh. D1.4 - First-order linear equations Find the general...Ch. D1.4 - First-order linear equations Find the general...Ch. D1.4 - First-order linear equations Find the general...Ch. D1.4 - First-order linear equations Find the general...Ch. D1.4 - First-order linear equations Find the general...Ch. D1.4 - First-order linear equations Find the general...Ch. D1.4 - Initial value problems Solve the following initial...Ch. D1.4 - Initial value problems Solve the following initial...Ch. D1.4 - Initial value problems Solve the following initial...Ch. D1.4 - Initial value problems Solve the following initial...Ch. D1.4 - Initial value problems Solve the following initial...Ch. D1.4 - Initial value problems Solve the following initial...Ch. D1.4 - Stability of equilibrium points Find the...Ch. D1.4 - Stability of equilibrium points Find the...Ch. D1.4 - Stability of equilibrium points Find the...Ch. D1.4 - Stability of equilibrium points Find the...Ch. D1.4 - Stability of equilibrium points Find the...Ch. D1.4 - Stability of equilibrium points Find the...Ch. D1.4 - Loan problems The following initial value problems...Ch. D1.4 - Loan problems The following initial value problems...Ch. D1.4 - Loan problems The following initial value problems...Ch. D1.4 - Loan problems The following initial value problems...Ch. D1.4 - Newtons Law of Cooling Solve the differential...Ch. D1.4 - Newton's Law of Cooling Solve the differential...Ch. D1.4 - Newtons Law of Cooling Solve the differential...Ch. D1.4 - Prob. 30ECh. D1.4 - Explain why or why not Determine whether the...Ch. D1.4 - Prob. 32ECh. D1.4 - Special equations A special class of first-order...Ch. D1.4 - Prob. 34ECh. D1.4 - Special equations A special class of first-order...Ch. D1.4 - Prob. 36ECh. D1.4 - A bad loan Consider a loan repayment plan...Ch. D1.4 - Prob. 38ECh. D1.4 - Intravenous drug dosing The amount of drug in the...Ch. D1.4 - Optimal harvesting rate Let y(t) be the population...Ch. D1.4 - Endowment model An endowment is an investment...Ch. D1.4 - Prob. 43ECh. D1.4 - Prob. 44ECh. D1.4 - General first-order linear equations Consider the...Ch. D1.4 - Prob. 46ECh. D1.4 - Prob. 47ECh. D1.4 - General first-order linear equations Consider the...Ch. D1.5 - Explain how the growth rate function determines...Ch. D1.5 - Prob. 2ECh. D1.5 - Explain how the growth rate function can be...Ch. D1.5 - Prob. 4ECh. D1.5 - Is the differential equation that describes a...Ch. D1.5 - What are the assumptions underlying the...Ch. D1.5 - Describe the solution curves in a predator-prey...Ch. D1.5 - Prob. 8ECh. D1.5 - Solving logistic equations Write a logistic...Ch. D1.5 - Solving logistic equations Write a logistic...Ch. D1.5 - Designing logistic functions Use the method of...Ch. D1.5 - Designing logistic functions Use the method of...Ch. D1.5 - Prob. 19ECh. D1.5 - Prob. 20ECh. D1.5 - Solving the Gompertz equation Solve the Gompertz...Ch. D1.5 - Prob. 22ECh. D1.5 - Stirred tank reactions For each of the following...Ch. D1.5 - Prob. 24ECh. D1.5 - Prob. 25ECh. D1.5 - Prob. 26ECh. D1.5 - Prob. 31ECh. D1.5 - Growth rate functions a.Show that the logistic...Ch. D1.5 - Solution of the logistic equation Use separation...Ch. D1.5 - Properties of the Gompertz solution Verify that...Ch. D1.5 - Properties of stirred tank solutions a.Show that...Ch. D1.5 - Prob. 36ECh. D1.5 - RC circuit equation Suppose a battery with voltage...Ch. D1.5 - U.S. population projections According to the U.S....Ch. D1 - Explain why or why not Determine whether the...Ch. D1 - Prob. 2RECh. D1 - General solutions Use the method of your choice to...Ch. D1 - General solutions Use the method of your choice to...Ch. D1 - General solutions Use the method of your choice to...Ch. D1 - Prob. 6RECh. D1 - General solutions Use the method of your choice to...Ch. D1 - General solutions Use the method of your choice to...Ch. D1 - General solutions Use the method of your choice to...Ch. D1 - Prob. 10RECh. D1 - Solving initial value problems Use the method of...Ch. D1 - Prob. 12RECh. D1 - Solving initial value problems Use the method of...Ch. D1 - Prob. 14RECh. D1 - Solving initial value problems Use the method of...Ch. D1 - Solving initial value problems Use the method of...Ch. D1 - Prob. 17RECh. D1 - Solving initial value problems Use the method of...Ch. D1 - Direction fields Consider the direction field for...Ch. D1 - Prob. 20RECh. D1 - Eulers method Consider the initial value problem...Ch. D1 - Equilibrium solutions Find the equilibrium...Ch. D1 - Equilibrium solutions Find the equilibrium...Ch. D1 - Equilibrium solutions Find the equilibrium...Ch. D1 - Equilibrium solutions Find the equilibrium...Ch. D1 - Logistic growth The population of a rabbit...Ch. D1 - Logistic growth parameters A cell culture has a...Ch. D1 - Logistic growth in India The population of India...Ch. D1 - Stirred tank reaction A 100-L tank is filled with...Ch. D1 - Newtons Law of Cooling A cup of coffee is removed...Ch. D1 - A first-order equation Consider the equation...Ch. D1 - A second-order equation Consider the equation...
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