In the following exercises, solve.
Sayed deposits $20,000 in an investment account. What will be the value of his investment in 30 years if the investment is earning 7% per year and is compounded continuously?
For compound continuously,
amount
where
r is rate
t is time in years
p is initial investment
Given
P=$20,000
t=30yrs
r=7%=0.07
Amount
=$163,323.39
The exponential models describe the population of the indicated country, A, in millions, t years after 2010.Which country has the greatest growth rate? By what percentage is the population of that country increasing each year?
India,
Iraq,
Japan,
Russia,
The population of a region is growing exponentially. There were 10 million people in 1980 (when
P(t)=?
What population do you predict for the year 2000?
Predicted population in the year 2000 =million people. What is the doubling time?
The exponential growth models describe the population of the indicated country, A, in millions, t years after 2006.
Canada
Use this information to determine whether each statement is true or false. If the statement is false, make the necessary change(s) to produce a true statement. Uganda's growth rate is approximately 3.8 times that of Canada's.