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Applications of the Exponential and...
Quiz

1 .       In a certain country, the rate of increase of the population is proportional to the population P(t). In fact, . Suppose that initially the country's population is 50,000, and that 10 years later there are 500,000 people. Which of the following equations expresses this information mathematically? 

 
 
 
 


2 .       The size of an insect colony t days after its formation is . Approximately how many insects are there after 10 days? 

 
 
 
 


3 .       A certain radioactive substance is decaying at a rate proportional to the amount present. If 100 grams decay to 13.5 grams in 4 years, how long will it take for 90 grams to decay to 30 grams?ln(.135)/4 yrs. 

 
 
 
 


4 .       Radioactive Carbon 11 has a half-life of 20 minutes. If there are 200 grams present at the start of our experiment, how many grams will remain after 10 minutes? 

 
 
 
 


5 .       $1000 is invested at 6% interest (per annum) compounded semi-annually. What is the value of the investment after 5 years? 

 
 
 
 


6 .       How long will it take for an investment to triple if interest is paid at 10% per annum, compounded continuously? 

 
 
 
 


7 .       A high-yield savings account pays 20% interest, compounded continuously. How long will it take an initial investment of $2500 to grow to $20,000? 

 
 
 
 


8 .       A high school student deposits a $500 graduation gift in a bank account which pays 4.8% interest compounded continuously. How much will the account be worth after 18 months? 

 
 
 
 


9 .       Suppose a manufacturer can sell units of a product when the price is p dollars per unit. Determine the elasticity of demand, E(p), when the price is p = eight dollars. 

 
 
 
 


10 .       The function satisfies which of the following differential equations? 

 
 
 
 


11 .       Let be the number of cases of measles in a certain school t days after the first case is reported. Which of the following best describes the spread of the disease? 

 
 
 
 


12 .       Let . What is

 
 
 
 


13 .       If the relative rate of change of a function f is always 5, what kind of equation will f be represented by? (There should be one constant in your answer.) 

 
 
 
 


14 .       A bank pays 2.5% interest on deposits. What is the return on a $1000 deposit after two years if interest is compounded continuously? 

 
 
 
 


15 .       Suppose that the value of a certain investment after t years can be approximated by the function .Use a logarithmic derivative to determine the percentage rate of increase in the value of the investment when t = 8 years. 

 
 
 
 






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