 Suppose you deposit $800 in an account that pays 6.3% annual interest. How much will you have 8 years later if the interest is (a) compounded.

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Presentation transcript:

 Suppose you deposit $800 in an account that pays 6.3% annual interest. How much will you have 8 years later if the interest is (a) compounded continuously? (b) compounded quarterly?

 Scientists who use carbon-14 dating use 5700 years for its half-life. Find the age of a sample in which 10% of the radioactive nuclei originally present have decayed.

 At the beginning of the summer, the population of a hive of hornets is growing at a rate proportional to the population. From a population of 10 on May 1, the number of hornets grows to 50 in thirty days. If the growth continues to follow the same model, how many days after May 1 will the population reach 100?

 The rate at which an object’s temperature is changing at any given time is roughly proportional to the difference between its temperature and the temperature of the surrounding medium.

 A hard-boiled egg at 98˚C is put in a pan under running 18˚C water to cool. After 5 minutes, the egg’s temperature is found to be 38˚C. How much longer will it take the egg to reach 20˚C?