Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. (a) (i) Use the linear approximation formula y m f '[m] be: 01' fl=r+=l r: fli) +f'lml-T with a suitable choice of r} to

image text in transcribed
image text in transcribed
2. (a) (i) Use the linear approximation formula y m f '[m] be: 01' fl=r+=l \"r: fli\") +f'lml-T with a suitable choice of r} to show that s"!2 m 1 + 92 for small values of H. 134 {ii} Use the result obtained in part (a) above to approximate f 3'92 d3. 0 1;"! (iii) Approximate f e92 (in? using Simpson's rule with n = 8 strips. 0 How does the approximate answer in (iii) compare with the approximate answer in (ii)? {b} If A0 dollars are initially invested in a bank account which pays yearly interest at the rate of 9:%, then after an years the account will contain 11., = Ag{1 +9: f 100)" dollars. The amount of money in the account will double {i.e. A\" = 2 A43} when log 2 =log(1 + mleU')' (i) Use the linear approximation formula given above (in part (a)(i)] with a suitable choice of x) to show that log(1 + 3/100) "m" %. {ii} Hence, show that the number of years n for the sum of money to double is given approximately by N 100mg? 70 any~ r .9: A {This is known as the \"Rule of 70\".)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Analysis

Authors: N L Carothers

1st Edition

1139632434, 9781139632430

More Books

Students also viewed these Mathematics questions

Question

The feeling of boredom.

Answered: 1 week ago