Section 9.2 Applications of Differential Equations Growth ModelsEx1) An art collection, initially worth $20,000, continuously grows at the rate of5% a year. Find a formula for the value of the collection after t years. Estimate itsvalue after 10 years.Try) The value of a stamp collection, initially worth $1500, grows continuouslyat the rate of 8% per year. Find a formulafor its value after t years. Estimate its value after 15 years.
Try) An product is advertised to a city of 1,000,000 people, and after 8 weeks 250,000 people have heard of the product. Find a formula for the number of people who have