Ex 9.3, 21 - In a bank, principal increases at 5% per year - Ex 9.3

part 2 - Ex 9.3, 21 - Ex 9.3 - Serial order wise - Chapter 9 Class 12 Differential Equations
part 3 - Ex 9.3, 21 - Ex 9.3 - Serial order wise - Chapter 9 Class 12 Differential Equations

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Ex 9.3, 21 In a bank, principal increases continuously at the rate of 5% per year. An amount of Rs 1000 is deposited with this bank , how much will it worth after 10 years (๐‘’^0.5=1.648)Let Principal = p Given, principa; increases at rate 5% per year โˆด ๐’…๐’‘/๐’…๐’• = 5% ร— p โˆด ๐‘‘๐‘/๐‘‘๐‘ก = 5/100 ร— p ๐’…๐’‘/๐’‘ = ๐Ÿ/๐Ÿ๐ŸŽ dt Integrating both sides โˆซ1โ–’๐‘‘๐‘/๐‘ = 1/20 โˆซ1โ–’๐‘‘๐‘ก log p = ๐’•/๐Ÿ๐ŸŽ + log c log p โˆ’ log c = 0.05t log ๐‘/๐‘ = 0.05t ๐’‘/๐’„ = e0.05t Now, given that an amount of Rs 1000 is deposited with this bank Putting T = 0, P = 1000 in (1) 1000/๐ถ= e0.05 ร— 0 1000/๐ถ= e0 1000/๐ถ= 1 ๐’„= 1000 Now, we need to how much is the amount after 10 years So, Putting t = 10 & c = 1000 in (1) ๐‘/1000 = e0.05(10) ๐‘/1000 = ๐‘’^0.5 ๐‘/1000 = 1.648 p = 1648 โˆด The amount is Rs 1648 after 10 years.

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