Thursday

January 29, 2015

January 29, 2015

Posted by **deq** on Monday, February 25, 2013 at 2:19am.

- differential equation -
**Damon**, Monday, February 25, 2013 at 3:39amdP/dt = .05 P

dP/P = .05 dt

ln P = .05 t

P = Pi e^.05t

if Pi = 1000 and t = 2

P = 1000 e^(.1) = 1105.17

4000 = 1000 e^.05t

e^.05 t = 4

.05 t = ln 4

t = 27.72 years

1000 for 1 year = 1051

2051 for year 2 = 2156

3156 for year 3 = 3318

4318 * e^.025 =4427

**Answer this Question**

**Related Questions**

Compound interest - Hello My teacher skipped over this and I have no clue how to...

Calculus Please help! - If 7000 dollars is invested in a bank account at an ...

math - a bank account earns 7% annual interest compounded continuously. you ...

Math - If 3000 dollars is invested in a bank account at an interest rate of 6 ...

Calculus :) - If 8000 dollars is invested in a bank account at an interest rate ...

math - a person deposits five hundred dollars in a savings account that pays 5...

Precalculus - NEED HELP ASAP PLEASE!! A savings account starts with $600 and ...

math - This problem has to do with exponential models. The question says, you ...

math - I have been staring at this problem forever, and cant seem to dig it up ...

Economics - Finance - If your bank pays 5.5 percent interest on savings deposits...