Question
Could someone please help me out with this? step by step on how to solve the problems Thank you The doubling time of the balance
Could someone please help me out with this? step by step on how to solve the problems Thank you
The doubling time of the balance for a money market certificate of deposit (CD) is 30 years. By what factor does it grow in 35 years? __________
(Round to the nearest tenth.)
Suppose that a local mosquito population exhibits exponential growth by doubling every 7 days. Considering that the initial population were 100 mosquitoes, answer the following:
How many mosquitoes will there be after 10 days? __________
(Round to the nearest whole number.)
How many mosquitoes will there be after 15 days? __________
(Round to the nearest whole number.)
In 2000 the membership for The Church of Jesus Christ of Latter-day Saints reached 10,753,000 members. In 1984 the membership for The Church of Jesus Christ of Latter-day Saints was 5,400,000 members. Letting t = 0 represent the year 2000 and assuming the church membership continues to double about every 16 years, predict the church membership in year 2,045.
__________
(Round to the nearest whole number and do not use commas.)
Consider a local community of rock chucks in Wyoming that are increasing at a rate of 15% per month. Using the Rule of 70, answer the following:
What is the approximate number of months in which the rock chuck population doubles? __________ (Round to the nearest tenth.)
How many months would it take to see the rock chuck population quadruple?
__________
(Round to the nearest tenth.)
Assume your 401(k) retirement account, on average, earns 7.5% annual interest.
Using the Rule of 70, calculate approximately how long does it take for your balance to double?
__________
(Round to the nearest tenth.)
If your balance starts out at $2,500, approximately how much would it be worth in 25 years?
$__________
(Round to the nearest dollar and do not use commas.)
Suppose the flavor of strawberries can have a flavor rating from 0 to 1, where 0 = no flavor at all and 1 = the best possible flavor (that is, when you first pick the strawberry from your awesome garden).
Now assume that through careful gardening research, you find that the average half-life of strawberry flavor is 4 days.
If you picked a strawberry from your garden 10 days ago, what fraction of the flavor remains? __________ (Write a decimal rounded to the nearest hundredth.)
Suppose that a severe virus is impacting a bee colony and the population of bees has a half-life of 5 days.
What approximate daily percentage of decay does the bee colony demonstrate? __________%
(Round to two decimals. Hint: use the Rule of 70 backwards by dividing by the half-life period instead of the rate.)
What percentage of the original bee colony would be surviving after 15 days of decay? __________%
(Round to two decimals.)
Question 8:
Suppose that the amount of water in a local water hole for cattle has a half-life of 14 days.
If the water hole initially contained 19,000 gallons of water, how much water would it contain after 25 days?
__________
(Round to the nearest whole number.)
After 70 days?
__________
(Round to the nearest whole number.)
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