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August 9, 2017
Theorem
Theorem
Suppose that y is a continuous function of t with y >0 for all
t 0. Furthermore, dy
dt = ky where k is a constant and y = y0
when t = 0. Then
y = y0 e kt
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 1000. Therefore, y = 1000e kt .
When t = 12, y = 2000. So,
t/12
y = 1000 e 12k = 1000 (2)t/12 .
b) What is t when y = 10, 000?
Substituting y = 10, 000, we have 10, 000 = 1000 e
12k t/12
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 1000. Therefore, y = 1000e kt .
When t = 12, y = 2000. So,
t/12
y = 1000 e 12k = 1000 (2)t/12 .
b) What is t when y = 10, 000?
Substituting y = 10, 000, we have 10, 000 = 1000 e
12k t/12
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 1000. Therefore, y = 1000e kt .
When t = 12, y = 2000. So,
t/12
y = 1000 e 12k = 1000 (2)t/12 .
b) What is t when y = 10, 000?
Substituting y = 10, 000, we have 10, 000 = 1000 e
12k t/12
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 1000. Therefore, y = 1000e kt .
When t = 12, y = 2000. So,
t/12
y = 1000 e 12k = 1000 (2)t/12 .
b) What is t when y = 10, 000?
Substituting y = 10, 000, we have 10, 000 = 1000 e
12k t/12
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 1000. Therefore, y = 1000e kt .
When t = 12, y = 2000. So,
t/12
y = 1000 e 12k = 1000 (2)t/12 .
b) What is t when y = 10, 000?
Substituting y = 10, 000, we have 10, 000 = 1000 e
12k t/12
Example
In a certain culture the rate of growth of bacteria is proportional to
the amount present. Initially, 1000 bacteria are present and the
amount doubles in 12 min.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 1000. Therefore, y = 1000e kt .
When t = 12, y = 2000. So,
t/12
y = 1000 e 12k = 1000 (2)t/12 .
b) What is t when y = 10, 000?
Substituting y = 10, 000, we have 10, 000 = 1000 e
12k t/12
Example 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
Solution 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
Solution 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
Solution 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
Solution 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
Solution 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
Solution 2: Population
Example
The rate of increase of the population of a certain city is
proportional to the population. In 1950, the population was 50,000
and in 1980 it was 75,000.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 20. Therefore, y = 20e kt .
When t = 1690, y = 10. So,
t/1690
y = 20 e 1690k = 20 (1/2)t/1690 .
b) What is y when t = 1000?
1000/1690
Substituting t = 1000, we have y = 20 (.5)
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 20. Therefore, y = 20e kt .
When t = 1690, y = 10. So,
t/1690
y = 20 e 1690k = 20 (1/2)t/1690 .
b) What is y when t = 1000?
1000/1690
Substituting t = 1000, we have y = 20 (.5)
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 20. Therefore, y = 20e kt .
When t = 1690, y = 10. So,
t/1690
y = 20 e 1690k = 20 (1/2)t/1690 .
b) What is y when t = 1000?
1000/1690
Substituting t = 1000, we have y = 20 (.5)
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 20. Therefore, y = 20e kt .
When t = 1690, y = 10. So,
t/1690
y = 20 e 1690k = 20 (1/2)t/1690 .
b) What is y when t = 1000?
1000/1690
Substituting t = 1000, we have y = 20 (.5)
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 20. Therefore, y = 20e kt .
When t = 1690, y = 10. So,
t/1690
y = 20 e 1690k = 20 (1/2)t/1690 .
b) What is y when t = 1000?
1000/1690
Substituting t = 1000, we have y = 20 (.5)
Example
The rate of decay of radium is proportional to the amount present
at any time. The half-life of radium is 1690 years and 20 mg of
radium are present now.
a) The dierential equation is dy
dt = ky .
Integrating both sides yields y = e kt+C1 = Ce kt .
When t = 0, y = y0 = 20. Therefore, y = 20e kt .
When t = 1690, y = 10. So,
t/1690
y = 20 e 1690k = 20 (1/2)t/1690 .
b) What is y when t = 1000?
1000/1690
Substituting t = 1000, we have y = 20 (.5)
Theorem
If P dollars is invested at an annual rate of i percent, compounded
mt
i
A=P 1+ (1)
m
Theorem
If P dollars is invested at an annual rate of r percent, compounded
continuously, then
mt
i
A = lim P 1 + = Pe rt (2)
m m
Example 4: Investment
Example
A bank advertises that interest on savings accounts is computed at
4% per year compounded daily. If $1000 is deposited into a savings
account at the bank, nd
a) an approximate amout at the end of 1 year by taking the interest
rate at 4% compounded continuously.
b) the exact amount at the end of 1 year by considering an annual
interest rate of 4% compounded 365 times per year.
Solution 4: Investment
Example
A bank advertises that interest on savings accounts is computed at
4% per year compounded daily. If $1000 is deposited into a savings
account at the bank,
a) Let A dollars be the amount at the end of 1 year. Then from eq.
(2) A = 1000e .04(1) = 1040.81
.04 365(1)
b) From eq. (1), A = 1000 1 + 0365 = 1040.81
Solution 4: Investment
Example
A bank advertises that interest on savings accounts is computed at
4% per year compounded daily. If $1000 is deposited into a savings
account at the bank,
a) Let A dollars be the amount at the end of 1 year. Then from eq.
(2) A = 1000e .04(1) = 1040.81
.04 365(1)
b) From eq. (1), A = 1000 1 + 0365 = 1040.81
Solution 4: Investment
Example
A bank advertises that interest on savings accounts is computed at
4% per year compounded daily. If $1000 is deposited into a savings
account at the bank,
a) Let A dollars be the amount at the end of 1 year. Then from eq.
(2) A = 1000e .04(1) = 1040.81
.04 365(1)
b) From eq. (1), A = 1000 1 + 0365 = 1040.81