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the potential energy is then m·g·y and everybody can check.
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If you take the -y derivative of this, you get the force.
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That's the potential energy.
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And therefore, when a body is falling near the surface of the Earth,
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we may assert that (1/2)·m·v^2 + m·g,
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let me call it height instead of y,
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let me call this coordinate h instead of y;
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I don't think it matters too much.
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That is the total energy and that is a constant.
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We applied it the other day to roller coasters,
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going up and down, speeding up and slowing down.
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It's just that this number will not change.