Modeling Project 2

course Mth 173

I am still having problems with 17-20. I just don't know how to start the equations.

1.5000 x 1.05 = 52505250 x 1.05 = 5512.50

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5512.50 x 1.05 = 5788.13

5788.13 x 1.05 = 6077.54

5000 x (1.05 ^ 100) = 657506.29

2. 500 x 1.12 = 560.00

560 x 1.12 = 627.20

627.20 x 1.12 = 702.46

702.46 x 1.12 = 786.76

.12

3. P0 x (1.06 ^ 100)

4. GR - .15 GF ?1.15 500 x (1.15 ^ 20)

GR - .07 GF ?1.07 30000 x (1.07 ^ 30)

GR - .05 GF ?1.05 2000 x (1.05 ^ 40)

5. GR - .10 GF ?1.10

200 x (1.10 ^ t)

200 x (1.10 ^ 0) = 200

200 x (1.10 ^ 5) = 322.10

200 x (1.10 ^ 10) = 518.75

200 x (1.10 ^ 20) = 1345.50

7.28 years

4.27 years

$600 ?11.53 years

$672.75 ?12.73 years

6. 200 x (1.20 ^ 3.805) = 400

It takes almost half the time with double the interest rate.

7. 7.26 years ?It takes almost the same amount of years to make $2000 instead of $200 by putting more money at first (principle).

8. 1 x (1.10 ^ 1) = 1.10

1.10 x (1.20 ^ 1) = 1.32

1.32 x (1.30 ^ 1) = 1.72

1.72 x (1.40 ^ 1) = 2.41

The final principal does not increase by the same amount with each rate increase, it increases just like the rate.

At 10% = approximately 7.5 years

At 20% = approximately 4 years

At 30% = approximately 2.7 years

At 40% = approximately 2.1 years

The doubling time does not change by a consistent amount.

9. 5 x (1.10 ^ 1) = 5.50

5.50 x (1.20 ^ 1) = 6.60

6.60 x (1.30 ^ 1) = 8.58

8.58 x (1.40 ^ 1) = 12.01

The final principal does not increase by the same amount with each rate increase, it increases just like the rate.

At 10% = approximately 7.25 years

At 20% = approximately 3.85 years

At 30% = approximately 2.65 years

At 40% = approximately 2.07 years

The doubling time does not change by a consistent amount.

10. P(?oublingTime) = $4000

$2000 x (1.10 ^ ?oublingTime) = $4000

/2000 /2000

1.10 ^ ?oublingTime = $2

11. P(2 + ?oublingTime) = 2P(2)

$5000 x (1.08^(1 + ?oublingTime)(1.08^(1 + ?oublingTime) = 10000(2)

/5000 /5000

(1.08^(1 + ?oublingTime)(1.08^(1 + ?oublingTime) = 2000(2)

(1.08^1 x 1.08^?oublingTime) (1.08^1 x 1.08^?oublingTime)=2000(2)

/1.08

(1.08^ ?oublingTime) (1.08^ ?oublingTime) = 2000(2)

12. n = 2: 2.25; .46828

n = 4: 2.44140625; .27687375

n = 10: 2.59374246; .1245375399

n = 100: 2.704813829; .0134661706

n = 1000: 2.716923932; .001356068

n = 10000: 2.718145927; 1.34073e-4

n = 100000: 2.7182; 1.17e-5

n = 1000000: 2.7183; 1.085e-6

13. My suggestion is 10,000. When I subtracted the numbers it gave me a result of 1.34. That is not correct.

14. n = 200000

15. 10 millennium = 16.00 + -.07 = 15.93; 15.93 ^ 10 = 1.05234407 e12

20 millennium = 15.93 ^ 20 = 1.107428041e24

30 millennium = 15.93 ^ 30 = 1.165395332e36

40 millennium = 15.93 ^ 40 = 1.226396866e48

50 millennium = 15.93 ^ 50 = 1.290591469e60

15.5 Q(t) = Q(0) x (.93 ^ t)

16. Q(t) = 30 mg (.85) ^ t

Q(?t) = 30 mg (.85) ^ ?t = 15 mg

30 mg (.85) ^ ?t = 15 mg

/30 /30

.85 ^ ?t = ?

17. Q(t) = 550 mg (.89) ^ t

550 mg (.89 ^ 5) = 307.1232697

Q(?t) = 550 mg (.89) ^ ?t = 275 mg

550 mg (.89) ^ ?t = 275 mg

/550 /550

.89 ^ ?t = ?

17.

18.

19.

20.

21. 2 would be the value of b in each function.

y = 12(2 ^ (-.5x))

y = 12 (.03125 ^ x)

y = .007(2 ^ (.71x))

y = .007 (1.635804117 ^ x)

y = -13 (2 ^ (3.9x))

y = -13 (14.92852786x)

22. The value of b is e or 2.718 in each function.

y = 12(e ^ (-.5x))

y = 12 (.6065621044 ^ x)

y = .007 (e ^ (.71x))

y = .007 (2.033991259 ^ x)

y = -13 (e ^ (3.9x))

y = -13 (49.40244911 ^ x)

23. k = approximate 3.7

24. k = approximate 2.57

25. (0,12) & (8, 20)

12 = A x b ^ 0

20 = A x b ^ 8

.6 = b ^ 0/b ^ 8

.6 = b ^ (-8)

.6 ^ (-1/8) = b ^ (-8) ^ (-1/8)

1.065935911 = b

12 = A x (2 ^ (0k))

20 = A x (2 ^ (8k))

.6 = [2 ^ (0k)]/[2 ^ (8k)]

.6 = 2 ^ (-8k)

26. (2, 4) & (5, 3)

4 = A x b ^ 2

3 = A x b ^ 5

1.33 = b ^ 2/b ^ 5

1.33 = b ^ (-3)

1.33 ^ (-1/3) = b ^ (-3) ^ (-1/3)

.9093186943 = b

4 = A x (2 ^ (2k))

3 = A x (2 ^ (5k))

1.33 = [2 ^ (2k)]/[2 ^ (5k)]

1.33 = 2 ^ (-3k)

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