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Find the effective annual yield and the continuous growth rate if the value of a deposit is given by Q=2000e^(0.0289t)

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter7: Integration

Section7.EA: Extended Application Estimating Depletion Dates For Minerals

Problem 4EA

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Concept explainers

Limits

When it comes to calculus, limits are considered to be a very important topic of discussion. The main importance of limit lies in expressing the value of a function as it gets closer to a certain value. Also, limits can help you to understand other topics, such as continuity and differentiability better. In a broader sense, every calculus notion is a limit. Other branches of calculus have also been derived from limits.

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Find the effective annual yield and the continuous growth rate if the value of a deposit is given by

Q=2000e^(0.0289t)

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