Module 21 - Answers
 
Lesson 1
 
 Answer 1
 
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.

 
 Answer 2
 
21.1.2

The amount in the account at time t is given by A = 1000 e 0.07t.

 
 Answer 3
 
21.1.3 The investment will grow to approximately $8,166 in 30 years.
 
 Answer 4
 
21.1.4

The investment will grow to approximately $97,948 in 35 years.

 
 Answer 5
 
21.1.5

It will take about 6.4 years for the balance to reach $10,000.

 
Lesson 2
 
 Answer 1
 
21.2.1

After 60 minutes the water will be approximately 8.58° C.

 
Lesson 3
 
 Answer 1
 
21.3.1

If and V(0) = 7.93407, then V = 7.93407ek · t.

 
 Answer 2
 
21.3.2

k -0.0441 This value is very close to the previous value of k. The solution using this value of k fits the data very well.

 
 Answer 3
 
21.3.3

The half-life is about 15.75 seconds.

 
Self Test
 
 Answer 1
 

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
 

k 0.085923

 
 Answer 4
 
The water will be approximately 11.4557°C after 60 minutes.
 
 Answer 5
 

k -0.055181

 
 Answer 6
 
About 12.6 seconds.
 
 

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