Lesson 5.5

Continuous Growth

When compounding happens infinitely often, the compound interest formula simplifies to . Fewer variables, cleaner math — and it models natural phenomena perfectly.

Introduction

From 5.3, as in , the expression converges to . This is continuous compounding — growth that never pauses.

Past Knowledge

The natural base (5.3), compound interest (5.4).

Today's Goal

Apply to growth and decay scenarios.

Future Success

Solving for requires logarithms (Chapter 17).

Key Concepts

The Formula

A = final amount

P = initial amount

r = rate (positive for growth, negative for decay)

t = time

No needed! Continuous means , which simplifies everything.

Growth vs. Decay

→ Continuous Growth

Population, investments, bacteria

→ Continuous Decay

Radioactive decay, cooling, depreciation

Worked Examples

Example 1: Investment

Basic

$2,000 invested at 5% compounded continuously for 8 years.

1

Identify:

2

Substitute

3

Calculate

Interest earned: ≈ $983.65

Example 2: Radioactive Decay

Intermediate

50 grams of a substance decays at 3% per year. How much remains after 20 years?

1

Decay → negative rate

2

Calculate

About 55% remains after 20 years

Example 3: Continuous vs. Monthly

Comparison

$10,000 at 6% for 15 years. Compare monthly compounding to continuous.

Monthly (n = 12)

Continuous

Continuous earns only $54.94 more — the gap shrinks as n increases

Common Pitfalls

Forgetting the Negative for Decay

Decay means . Writing instead of gives growth instead of decay.

Mixing Up Formulas

Use only when the problem says "continuously." Otherwise use .

Real-Life Applications

Newton's Law of Cooling, carbon dating, population growth models, and pharmacokinetics (how drugs leave your body) all use . It's the single most used growth/decay model in science.

Practice Quiz

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