Linear Approximations and Differentials
This equation is called the Law of Natural Growth (if k > 0) or The Law of Natural Decay (if k < 0). It is called a differential equation because it involves an unknown function y and and its derivative dy/dt
Exponential Growth and Decay
The only sollution of the differential equation dy/dt = ky are the exponential functions above.
Population Growth
Radioactive Decay
Newton's Law of Cooling
Continuously Compounded Interest