| Module 21 - Answers |
| Lesson 1 |
| Answer 1 |
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21.1.1
The doubling time is about 10.7 years for each initial amount. It appears the doubling time is independent of the initial amount. It only depends on the rate r. |
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| Answer 2 |
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21.1.2
The amount in the account at time t is given by A = 1000 e 0.07t. |
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| Answer 3 |
| 21.1.3 The investment will grow to approximately $8,166 in 30 years. |
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| Answer 4 |
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21.1.4
The investment will grow to approximately $97,948 in 35 years. |
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| Answer 5 |
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21.1.5
It will take about 6.4 years for the balance to reach $10,000. |
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| Lesson 2 |
| Answer 1 |
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21.2.1
After 60 minutes the water will be approximately 8.58° C. |
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| Lesson 3 |
| Answer 1 |
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21.3.1
If
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| Answer 2 |
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21.3.2
k
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| Answer 3 |
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21.3.3
The half-life is about 15.75 seconds. |
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| Self Test |
| Answer 1 |
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The initial $5000 will be worth $36,945.28 in 25 years at 8% compounded continuously. |
| Answer 2 |
| The investment will double in about 13.9 years. |
| Answer 3 |
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k |
| Answer 4 |
| The water will be approximately 11.4557°C after 60 minutes. |
| Answer 5 |
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k |
| Answer 6 |
| About 12.6 seconds. |
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