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3) Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amount to the nearest cent and any other

3) Complete the table for a savings account in which interest is compounded continuously. (Round any dollar amount to the nearest cent and any other value to 4 decimal places.)

Initial Investment Annual % Rate Time to Double Amount After 8 Years
$1,000 % 6 yr $

4) Complete the table for the timet(in years) necessary forPdollars to triple when interest is compounded continuously at rater. (Round your answers to two decimal places.)

r 2% 4% 7% 8% 11% 13%
t

5) A conservation organization releases 100 animals of an endangered species into a game preserve. The organization believes that the preserve has a carrying capacity of 1200 animals and that the growth of the herd will follow the logistic curve

p(t) =

1200
1 + 11e0.1621t

where t is measured in months.

(a) What is the population after 9 months? (Round your answer to the nearest whole number.) ______ animals (b) After how many months will the population reach 500? (Round your answer to the nearest whole number.) ______ months (c) Use a graphing utility to graph the function. Use the graph to determine the values of p at which the horizontal asymptotes occur.

p = (smaller value)
p = (larger value)

Identify the asymptote that is most relevant in the context of of the problem and interpret its meaning. The population will approach as time ---Select--- increases decreases .

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